Short Interest in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Drops By 90.0%

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 10,033 shares, a drop of 90.0% from the April 30th total of 100,722 shares. Based on an average daily volume of 252,929 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

iShares 25+ Year Treasury STRIPS Bond ETF Trading Up 0.5%

Shares of BATS GOVZ opened at $35.73 on Thursday. iShares 25+ Year Treasury STRIPS Bond ETF has a 1 year low of $34.00 and a 1 year high of $41.02. The company’s 50-day moving average is $36.17 and its 200 day moving average is $37.29.

Institutional Trading of iShares 25+ Year Treasury STRIPS Bond ETF

A hedge fund recently raised its stake in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. lifted its position in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 63,735 shares of the company’s stock after buying an additional 48,400 shares during the period. JPMorgan Chase & Co. owned about 0.22% of iShares 25+ Year Treasury STRIPS Bond ETF worth $620,000 as of its most recent SEC filing.

About iShares 25+ Year Treasury STRIPS Bond ETF

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US separate trading of registered interest and principal securities (STRIPS), with remaining maturities of at least 25 years. GOVZ was launched on Sep 22, 2020 and is managed by BlackRock.