iShares Agency Bond ETF (NYSEARCA:AGZ) Sees Large Growth in Short Interest

iShares Agency Bond ETF (NYSEARCA:AGZ) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 10,726 shares, an increase of 95.6% from the July 30th total of 5,485 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,334 shares, the days-to-cover ratio is currently 0.6 days.

iShares Agency Bond ETF Stock Performance

iShares Agency Bond ETF stock traded down $0.09 during mid-day trading on Monday, hitting $108.35. 14,943 shares of the company were exchanged, compared to its average volume of 21,204. The business’s 50 day simple moving average is $108.73 and its two-hundred day simple moving average is $109.31. iShares Agency Bond ETF has a 12-month low of $108.15 and a 12-month high of $111.00.

Institutional Trading of iShares Agency Bond ETF

A number of large investors have recently made changes to their positions in AGZ. Vista Cima Wealth Management LLC boosted its position in shares of iShares Agency Bond ETF by 0.6% in the fourth quarter. Vista Cima Wealth Management LLC now owns 18,315 shares of the company’s stock worth $2,019,000 after acquiring an additional 118 shares during the last quarter. Comerica Bank grew its holdings in iShares Agency Bond ETF by 6.5% in the fourth quarter. Comerica Bank now owns 2,045 shares of the company’s stock valued at $225,000 after purchasing an additional 125 shares during the period. Smartleaf Asset Management LLC increased its position in iShares Agency Bond ETF by 2.7% during the second quarter. Smartleaf Asset Management LLC now owns 5,552 shares of the company’s stock worth $608,000 after purchasing an additional 147 shares during the last quarter. Focus Financial Network Inc. increased its position in iShares Agency Bond ETF by 0.6% during the second quarter. Focus Financial Network Inc. now owns 24,394 shares of the company’s stock worth $2,666,000 after purchasing an additional 149 shares during the last quarter. Finally, Royal Bank of Canada increased its position in iShares Agency Bond ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 9,707 shares of the company’s stock worth $1,063,000 after purchasing an additional 226 shares during the last quarter. Institutional investors and hedge funds own 9.74% of the company’s stock.

iShares Agency Bond ETF Company Profile

THE ISHARES BARCLAYS AGENCY BOND FUND seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the agency sector of the U.S. government bond market as defined by the Barclays Capital U.S. Agency Index.