iShares Government/Credit Bond ETF (NYSEARCA:GBF) Short Interest Update

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 4,155 shares, a growth of 150.9% from the November 30th total of 1,656 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 2,856 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 2,856 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC bought a new position in iShares Government/Credit Bond ETF in the 2nd quarter valued at approximately $2,812,000. D L Carlson Investment Group Inc. purchased a new position in shares of iShares Government/Credit Bond ETF in the second quarter worth $1,963,000. Bank of America Corp DE lifted 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 purchasing an additional 12,565 shares in the last quarter. Jane Street Group LLC boosted its position in shares of iShares Government/Credit Bond ETF by 28.3% during the first quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock valued at $3,812,000 after buying an additional 8,071 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its position in shares of iShares Government/Credit Bond ETF by 129.3% during the third quarter. Susquehanna International Group LLP now owns 11,172 shares of the company’s stock valued at $1,177,000 after buying an additional 6,299 shares during the last quarter.

iShares Government/Credit Bond ETF Price Performance

Shares of NYSEARCA:GBF traded up $0.08 on Friday, hitting $105.02. 1,876 shares of the company traded hands, compared to its average volume of 7,522. The stock has a 50 day simple moving average of $105.41 and a 200-day simple moving average of $104.76. iShares Government/Credit Bond ETF has a 52 week low of $100.46 and a 52 week high of $106.43.

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.