Short Interest in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Drops By 45.7%

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 216,278 shares, a decline of 45.7% from the June 15th total of 398,207 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 157,982 shares, the short-interest ratio is currently 1.4 days.

Institutional Trading of iShares 25+ Year Treasury STRIPS Bond ETF

An institutional investor recently raised its stake in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. increased its position in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 63,735 shares of the company’s stock after purchasing an additional 48,400 shares during the quarter. JPMorgan Chase & Co. owned 0.22% of iShares 25+ Year Treasury STRIPS Bond ETF worth $620,000 as of its most recent filing with the SEC.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Down 0.0%

BATS:GOVZ opened at $34.95 on Thursday. iShares 25+ Year Treasury STRIPS Bond ETF has a fifty-two week low of $34.00 and a fifty-two week high of $41.02. The firm’s fifty day simple moving average is $35.87 and its 200-day simple moving average is $36.74.

About iShares 25+ Year Treasury STRIPS Bond ETF

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US separate trading of registered interest and principal securities (STRIPS), with remaining maturities of at least 25 years. GOVZ was launched on Sep 22, 2020 and is managed by BlackRock.