iShares Agency Bond ETF (NYSEARCA:AGZ) Sees Significant Growth in Short Interest

iShares Agency Bond ETF (NYSEARCA:AGZ) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 14,140 shares, a growth of 145.1% from the May 31st total of 5,769 shares. Based on an average daily volume of 10,632 shares, the short-interest ratio is presently 1.3 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vista Cima Wealth Management LLC raised its position in shares of iShares Agency Bond ETF by 0.6% in the 4th quarter. Vista Cima Wealth Management LLC now owns 18,315 shares of the company’s stock worth $2,019,000 after acquiring an additional 118 shares in the last quarter. Comerica Bank grew its stake in iShares Agency Bond ETF by 6.5% in the fourth quarter. Comerica Bank now owns 2,045 shares of the company’s stock valued at $225,000 after purchasing an additional 125 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in iShares Agency Bond ETF by 2.7% in the second quarter. Smartleaf Asset Management LLC now owns 5,552 shares of the company’s stock worth $608,000 after purchasing an additional 147 shares in the last quarter. Sequent Planning LLC raised its holdings in iShares Agency Bond ETF by 6.4% in the third quarter. Sequent Planning LLC now owns 3,064 shares of the company’s stock worth $338,000 after purchasing an additional 183 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of iShares Agency Bond ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 9,707 shares of the company’s stock valued at $1,063,000 after buying an additional 226 shares during the last quarter. 9.74% of the stock is currently owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Stock Performance

AGZ stock traded down $0.03 during trading on Monday, hitting $109.48. 2,756 shares of the company’s stock traded hands, compared to its average volume of 18,496. iShares Agency Bond ETF has a 1 year low of $108.29 and a 1 year high of $111.00. The business has a fifty day simple moving average of $109.21 and a two-hundred day simple moving average of $109.80.

iShares Agency Bond ETF Company Profile

THE ISHARES BARCLAYS AGENCY BOND FUND seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the agency sector of the U.S. government bond market as defined by the Barclays Capital U.S. Agency Index.