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

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the recipient of a significant drop in short interest during 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. 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 sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 3,143 shares, the short-interest ratio is currently 0.1 days.

iShares Government/Credit Bond ETF Stock Performance

Shares of iShares Government/Credit Bond ETF stock traded up $0.50 during midday trading on Thursday, hitting $105.65. The company had a trading volume of 2,077 shares, compared to its average volume of 4,030. iShares Government/Credit Bond ETF has a 52-week low of $100.46 and a 52-week high of $106.43. The company has a 50 day moving average of $104.98 and a 200 day moving average of $105.11.

Hedge Funds Weigh In On iShares Government/Credit Bond ETF

Large investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its position in iShares Government/Credit Bond ETF by 15.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,814 shares of the company’s stock worth $712,000 after purchasing an additional 934 shares during the period. First National Trust Co purchased a new position in shares of iShares Government/Credit Bond ETF in the 2nd quarter worth $209,000. D L Carlson Investment Group Inc. bought a new stake in shares of iShares Government/Credit Bond ETF in the second quarter worth $1,963,000. WorthPointe LLC increased its position in iShares Government/Credit Bond ETF by 46.8% during the second quarter. WorthPointe LLC now owns 10,652 shares of the company’s stock valued at $1,113,000 after acquiring an additional 3,395 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in iShares Government/Credit Bond ETF by 274.0% during the third quarter. Farther Finance Advisors LLC now owns 288 shares of the company’s stock valued at $30,000 after acquiring an additional 211 shares during the last quarter.

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.