iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Stock Short Interest Climbs 105.9%

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 258,908 shares, an increase of 105.9% from the September 15th total of 125,756 shares. Based on an average daily trading volume, of 673,755 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares 25+ Year Treasury STRIPS Bond ETF stock. Sankala Group LLC bought a new position in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 278,663 shares of the company’s stock, valued at approximately $2,734,000. iShares 25+ Year Treasury STRIPS Bond ETF makes up about 2.3% of Sankala Group LLC’s investment portfolio, making the stock its 9th largest holding. Sankala Group LLC owned 0.98% of iShares 25+ Year Treasury STRIPS Bond ETF at the end of the most recent quarter.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Performance

GOVZ stock opened at $31.32 on Wednesday. The company’s 50 day moving average price is $32.86 and its 200 day moving average price is $34.79. iShares 25+ Year Treasury STRIPS Bond ETF has a fifty-two week low of $29.88 and a fifty-two week high of $41.02.

iShares 25+ Year Treasury STRIPS Bond ETF Company Profile

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.