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

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 325 shares, a drop of 96.0% from the June 30th total of 8,126 shares. Based on an average daily volume of 15,472 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares Government/Credit Bond ETF

A number of hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new stake in shares of iShares Government/Credit Bond ETF during the fourth quarter worth about $41,000. Bank of Montreal Can increased its holdings 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 valued at $50,000 after purchasing an additional 299 shares during the period. Farther Finance Advisors LLC increased its holdings in iShares Government/Credit Bond ETF by 262.2% during the 4th quarter. Farther Finance Advisors LLC now owns 1,043 shares of the company’s stock valued at $109,000 after purchasing an additional 755 shares during the period. Bryn Mawr Trust Advisors LLC increased its holdings in iShares Government/Credit Bond ETF by 29.5% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 2,478 shares of the company’s stock valued at $259,000 after purchasing an additional 565 shares during the period. Finally, Truist Financial Corp raised its position in iShares Government/Credit Bond ETF by 19.5% during the 4th quarter. Truist Financial Corp now owns 3,260 shares of the company’s stock valued at $341,000 after purchasing an additional 533 shares during the last quarter.

iShares Government/Credit Bond ETF Trading Up 0.1%

NYSEARCA:GBF traded up $0.11 during midday trading on Friday, reaching $102.21. 4,485 shares of the stock traded hands, compared to its average volume of 7,331. The company has a fifty day moving average of $103.23 and a 200 day moving average of $104.15. iShares Government/Credit Bond ETF has a 12 month low of $101.85 and a 12 month high of $106.43.

iShares Government/Credit Bond ETF Company Profile

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.