Short Interest in iShares Government/Credit Bond ETF (NYSEARCA:GBF) Drops By 55.0%

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 187 shares, a drop of 55.0% from the January 15th total of 416 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,143 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 3,143 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of iShares Government/Credit Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Destination Wealth Management grew its stake in iShares Government/Credit Bond ETF by 2.7% during the 3rd quarter. Destination Wealth Management now owns 191,932 shares of the company’s stock worth $20,221,000 after buying an additional 5,123 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Government/Credit Bond ETF by 13.7% during the third quarter. Bank of America Corp DE now owns 104,384 shares of the company’s stock valued at $10,997,000 after acquiring an additional 12,565 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Government/Credit Bond ETF by 4.5% during the third quarter. JPMorgan Chase & Co. now owns 93,387 shares of the company’s stock valued at $9,839,000 after acquiring an additional 4,051 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares Government/Credit Bond ETF by 28.3% in the 1st quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock valued at $3,812,000 after purchasing an additional 8,071 shares during the last quarter. Finally, Keybank National Association OH boosted its stake in iShares Government/Credit Bond ETF by 12.0% in the 3rd quarter. Keybank National Association OH now owns 30,402 shares of the company’s stock worth $3,203,000 after purchasing an additional 3,263 shares in the last quarter.

iShares Government/Credit Bond ETF Price Performance

Shares of GBF traded up $0.24 during mid-day trading on Friday, hitting $105.89. The company’s stock had a trading volume of 313 shares, compared to its average volume of 3,904. The company’s 50-day moving average is $105.00 and its 200-day moving average is $105.13. iShares Government/Credit Bond ETF has a 52-week low of $100.46 and a 52-week high of $106.43.

iShares Government/Credit Bond ETF Company Profile

iShares Government/Credit Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States dollar-denominated government, government-related and investment-grade the United States corporate bonds. The Fund seeks to track the investment results of the Barclays U.S. Government/Credit Bond Index (the Underlying Index), which measures the performance of the United States dollar-denominated United States Treasury bonds, government-related bonds (i.e., the United States and foreign agencies, sovereign, supranational and local authority debt) and investment-grade United States corporate bonds, which have a remaining maturity of greater than or equal to one year.