Short Interest in iShares Government/Credit Bond ETF (NYSEARCA:GBF) Declines By 89.5%

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 665 shares, a drop of 89.5% from the April 15th total of 6,357 shares. Based on an average trading volume of 10,524 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of iShares Government/Credit Bond ETF

A number of institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in shares of iShares Government/Credit Bond ETF by 274.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 288 shares of the company’s stock valued at $30,000 after buying an additional 211 shares during the last quarter. United Financial Planning Group LLC acquired a new stake in iShares Government/Credit Bond ETF in the third quarter valued at approximately $38,000. Kestra Advisory Services LLC acquired a new stake in iShares Government/Credit Bond ETF in the fourth quarter valued at approximately $41,000. Bank of Montreal Can grew its position in iShares Government/Credit Bond ETF by 170.9% in the fourth quarter. Bank of Montreal Can now owns 474 shares of the company’s stock worth $50,000 after acquiring an additional 299 shares in the last quarter. Finally, Bryn Mawr Trust Advisors LLC increased its stake in shares of 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 worth $259,000 after purchasing an additional 565 shares during the last quarter.

iShares Government/Credit Bond ETF Price Performance

Shares of NYSEARCA GBF traded down $0.21 during mid-day trading on Tuesday, reaching $103.49. The company had a trading volume of 413 shares, compared to its average volume of 6,547. The stock has a fifty day moving average of $104.31 and a two-hundred day moving average of $104.94. 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.