iShares Government/Credit Bond ETF (NYSEARCA:GBF) Short Interest Down 55.0% in January

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 187 shares, a drop of 55.0% from the January 15th total of 416 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,143 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 3,143 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

iShares Government/Credit Bond ETF Trading Up 0.5%

GBF traded up $0.50 during trading hours on Thursday, hitting $105.65. The company’s stock had a trading volume of 2,077 shares, compared to its average volume of 4,030. The business’s 50-day moving average price is $104.98 and its 200-day moving average price is $105.11. iShares Government/Credit Bond ETF has a 12 month low of $100.46 and a 12 month high of $106.43.

Hedge Funds Weigh In On iShares Government/Credit Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. WorthPointe LLC grew its stake in shares of iShares Government/Credit Bond ETF by 1.3% during the third quarter. WorthPointe LLC now owns 10,788 shares of the company’s stock valued at $1,137,000 after buying an additional 136 shares during the last quarter. Farther Finance Advisors LLC lifted its stake 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 worth $30,000 after acquiring an additional 211 shares during the last quarter. Bank of Montreal Can boosted its holdings in iShares Government/Credit Bond ETF by 170.9% during the 4th quarter. Bank of Montreal Can now owns 474 shares of the company’s stock valued at $50,000 after acquiring an additional 299 shares during the period. United Financial Planning Group LLC bought a new position in iShares Government/Credit Bond ETF in the 3rd quarter valued at $38,000. Finally, Captrust Financial Advisors grew its position in iShares Government/Credit Bond ETF by 12.8% in the 2nd quarter. Captrust Financial Advisors now owns 3,959 shares of the company’s stock valued at $413,000 after acquiring an additional 448 shares during the last quarter.

About iShares Government/Credit Bond ETF

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.