iShares Government/Credit Bond ETF (NYSEARCA:GBF) Sees Significant Growth in Short Interest

iShares Government/Credit Bond ETF (NYSEARCA:GBF) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 2,324 shares, a growth of 1,142.8% from the January 29th total of 187 shares. Based on an average daily trading volume, of 6,356 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 6,356 shares, the short-interest ratio is presently 0.4 days.

iShares Government/Credit Bond ETF Price Performance

NYSEARCA GBF traded up $0.17 during trading on Friday, hitting $106.31. The company’s stock had a trading volume of 71,224 shares, compared to its average volume of 5,824. iShares Government/Credit Bond ETF has a fifty-two week low of $100.46 and a fifty-two week high of $106.43. The business’s 50 day simple moving average is $105.16 and its 200-day simple moving average is $105.23.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of GBF. WorthPointe LLC raised its holdings in shares of iShares Government/Credit Bond ETF by 1.3% in the third quarter. WorthPointe LLC now owns 10,788 shares of the company’s stock worth $1,137,000 after buying an additional 136 shares during the last quarter. Farther Finance Advisors LLC raised its stake in iShares Government/Credit Bond ETF by 274.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 288 shares of the company’s stock worth $30,000 after acquiring an additional 211 shares during the last quarter. Bank of Montreal Can lifted its position in iShares Government/Credit Bond ETF by 170.9% during the 4th quarter. Bank of Montreal Can now owns 474 shares of the company’s stock worth $50,000 after acquiring an additional 299 shares during the period. United Financial Planning Group LLC purchased a new stake in iShares Government/Credit Bond ETF during the 3rd quarter valued at about $38,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of iShares Government/Credit Bond ETF in the fourth quarter valued at about $41,000.

About iShares Government/Credit Bond ETF

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.