Short Interest in iShares Agency Bond ETF (NYSEARCA:AGZ) Grows By 21.4%

iShares Agency Bond ETF (NYSEARCA:AGZ) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 5,513 shares, a growth of 21.4% from the December 15th total of 4,541 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 12,809 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 12,809 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

iShares Agency Bond ETF Stock Up 0.1%

Shares of AGZ opened at $110.30 on Monday. iShares Agency Bond ETF has a 1 year low of $107.44 and a 1 year high of $111.00. The company has a 50 day simple moving average of $110.34 and a two-hundred day simple moving average of $110.05.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada raised 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 valued at $1,063,000 after acquiring an additional 226 shares in the last quarter. Jane Street Group LLC raised its stake in iShares Agency Bond ETF by 276.3% during the first quarter. Jane Street Group LLC now owns 34,101 shares of the company’s stock worth $3,732,000 after purchasing an additional 25,039 shares during the period. Novem Group boosted its holdings in iShares Agency Bond ETF by 9.5% in the 2nd quarter. Novem Group now owns 3,988 shares of the company’s stock valued at $437,000 after purchasing an additional 347 shares during the last quarter. Smith Salley Wealth Management grew its stake in shares of iShares Agency Bond ETF by 0.5% in the 2nd quarter. Smith Salley Wealth Management now owns 19,689 shares of the company’s stock valued at $2,160,000 after buying an additional 104 shares during the period. Finally, Clean Yield Group grew its stake in iShares Agency Bond ETF by 14.4% during the 2nd quarter. Clean Yield Group now owns 746 shares of the company’s stock worth $82,000 after purchasing an additional 94 shares in the last quarter. Hedge funds and other institutional investors 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.