iShares Agency Bond ETF (NYSEARCA:AGZ) Short Interest Up 95.6% in August

iShares Agency Bond ETF (NYSEARCA:AGZ) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 10,726 shares, a growth of 95.6% from the July 30th total of 5,485 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 18,334 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares Agency Bond ETF

Several hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC purchased a new position in shares of iShares Agency Bond ETF in the third quarter valued at $190,000. Corient Private Wealth LLC acquired a new position in shares of iShares Agency Bond ETF during the 2nd quarter worth approximately $200,000. Godfrey Financial Associates Inc. purchased a new stake in iShares Agency Bond ETF in the 4th quarter valued at approximately $206,000. Portland Global Advisors LLC purchased a new position in iShares Agency Bond ETF during the fourth quarter worth $220,000. Finally, StoneX Group Inc. purchased a new stake in shares of iShares Agency Bond ETF in the fourth quarter valued at $221,000. 9.74% of the stock is owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Price Performance

AGZ opened at $108.44 on Friday. The business has a 50 day simple moving average of $108.73 and a 200-day simple moving average of $109.32. iShares Agency Bond ETF has a 12 month low of $108.15 and a 12 month high of $111.00.

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.