Short Interest in iShares Government/Credit Bond ETF (NYSEARCA:GBF) Grows By 2,106.9%

iShares Government/Credit Bond ETF (NYSEARCA:GBF) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 20,502 shares, a growth of 2,106.9% from the May 14th total of 929 shares. Currently, 1.8% of the shares of the company are short sold. Based on an average trading volume of 9,479 shares, the days-to-cover ratio is presently 2.2 days.

Institutional Trading of iShares Government/Credit Bond ETF

Institutional investors have recently bought and sold shares of the stock. United Financial Planning Group LLC bought a new stake in shares of iShares Government/Credit Bond ETF during the third quarter worth $38,000. Kestra Advisory Services LLC purchased a new position in shares of iShares Government/Credit Bond ETF during the fourth quarter valued at $41,000. Bank of Montreal Can boosted its holdings in shares of iShares Government/Credit Bond ETF by 170.9% in the 4th quarter. Bank of Montreal Can now owns 474 shares of the company’s stock valued at $50,000 after buying an additional 299 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in iShares Government/Credit Bond ETF by 262.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,043 shares of the company’s stock valued at $109,000 after acquiring an additional 755 shares in the last quarter. Finally, Bryn Mawr Trust Advisors LLC boosted its stake in iShares Government/Credit Bond ETF by 29.5% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 2,478 shares of the company’s stock valued at $259,000 after acquiring an additional 565 shares in the last quarter.

iShares Government/Credit Bond ETF Stock Down 0.1%

Shares of GBF opened at $103.03 on Thursday. iShares Government/Credit Bond ETF has a 1 year low of $101.85 and a 1 year high of $106.43. The company has a 50 day simple moving average of $103.74 and a two-hundred day simple moving average of $104.59.

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.