iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) Stock Short Interest Report for October

iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 12,478,200 shares, a decrease of 44.1% from the September 30th total of 22,339,432 shares. Based on an average daily volume of 13,393,043 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.9% of the company’s stock are sold short.

iShares Core U.S. Aggregate Bond ETF Stock Performance

Shares of AGG traded up $0.21 during trading hours on Friday, hitting $96.36. 18,668,952 shares of the company were exchanged, compared to its average volume of 9,662,383. The firm’s 50 day moving average is $95.84 and its 200-day moving average is $98.26. iShares Core U.S. Aggregate Bond ETF has a 52 week low of $93.83 and a 52 week high of $101.46. The company has a market cap of $139.81 billion, a PE ratio of 124.57 and a beta of 0.26.

Institutional Trading of iShares Core U.S. Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Financial Network Wealth Advisors LLC acquired a new stake in shares of iShares Core U.S. Aggregate Bond ETF during the third quarter valued at about $27,000. Main Street Group LTD bought a new stake in shares of iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at about $30,000. JCIC Asset Management Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at $30,000. John Boyer Inc. acquired a new position in iShares Core U.S. Aggregate Bond ETF in the third quarter valued at approximately $33,000. Finally, Investors Research Corp boosted its stake in iShares Core U.S. Aggregate Bond ETF by 73.4% during the second quarter. Investors Research Corp now owns 352 shares of the company’s stock worth $35,000 after acquiring an additional 149 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

About iShares Core U.S. Aggregate Bond ETF

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.