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

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 258,908 shares, a growth 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 presently 0.4 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in iShares 25+ Year Treasury STRIPS Bond ETF stock. Sankala Group LLC acquired a new position in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 278,663 shares of the company’s stock, valued at approximately $2,734,000. iShares 25+ Year Treasury STRIPS Bond ETF makes up 2.3% of Sankala Group LLC’s portfolio, making the stock its 9th largest holding. Sankala Group LLC owned about 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

Shares of BATS:GOVZ opened at $31.77 on Thursday. The company has a fifty day simple moving average of $32.81 and a 200 day simple moving average of $34.76. iShares 25+ Year Treasury STRIPS Bond ETF has a 12-month low of $29.88 and a 12-month high of $41.02.

About iShares 25+ Year Treasury STRIPS Bond ETF

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.