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

iShares Agency Bond ETF (NYSEARCA:AGZ) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 5,485 shares, a decline of 64.6% from the July 15th total of 15,505 shares. Based on an average daily trading volume, of 15,356 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

iShares Agency Bond ETF Price Performance

AGZ stock traded down $0.24 during trading on Friday, reaching $108.68. The company had a trading volume of 8,167 shares, compared to its average volume of 17,926. iShares Agency Bond ETF has a 52 week low of $108.24 and a 52 week high of $111.00. The business has a 50 day moving average of $108.79 and a 200 day moving average of $109.42.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its position in shares of 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 purchasing an additional 226 shares in the last quarter. Jane Street Group LLC raised its holdings in iShares Agency Bond ETF by 276.3% in 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 in the last quarter. Cerity Partners LLC purchased a new position in iShares Agency Bond ETF during the second quarter valued at $1,406,000. Raymond James Financial Inc. boosted its holdings in shares of iShares Agency Bond ETF by 0.3% during the 2nd quarter. Raymond James Financial Inc. now owns 288,709 shares of the company’s stock valued at $31,671,000 after buying an additional 749 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of iShares Agency Bond ETF by 146.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 53,779 shares of the company’s stock worth $5,900,000 after buying an additional 31,920 shares during the period. 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.