iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Up 138.6% in April

iShares GNMA Bond ETF (NASDAQ:GNMA) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 13,841 shares, an increase of 138.6% from the April 15th total of 5,800 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 20,792 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On iShares GNMA Bond ETF

Institutional investors have recently modified their holdings of the company. Advisory Services Network LLC purchased a new stake in shares of iShares GNMA Bond ETF during the 3rd quarter worth approximately $25,000. Smartleaf Asset Management LLC boosted its stake in shares of iShares GNMA Bond ETF by 373.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,183 shares of the company’s stock worth $53,000 after acquiring an additional 933 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of iShares GNMA Bond ETF by 25.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,531 shares of the company’s stock worth $68,000 after acquiring an additional 312 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its stake in shares of iShares GNMA Bond ETF by 83.2% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,142 shares of the company’s stock worth $95,000 after acquiring an additional 973 shares in the last quarter. Finally, Quotient Wealth Partners LLC purchased a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth approximately $206,000.

iShares GNMA Bond ETF Stock Performance

Shares of GNMA stock traded down $0.25 during trading hours on Friday, reaching $43.83. 33,958 shares of the company’s stock were exchanged, compared to its average volume of 31,759. The company’s 50 day moving average is $44.43 and its two-hundred day moving average is $44.58. iShares GNMA Bond ETF has a 1 year low of $42.72 and a 1 year high of $45.49.

iShares GNMA Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.1554 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

About iShares GNMA Bond ETF

The iShares GNMA Bond ETF (GNMA) is an exchange-traded fund that is based on the Bloomberg U.S. GNMA Bond index. The fund tracks a market-value-weighted index of US mortgage pass-through securities issued by Government National Mortgage Association (GNMA), with 30- or 15-year maturities. GNMA was launched on Feb 14, 2012 and is managed by BlackRock.