iShares Government/Credit Bond ETF (NYSEARCA:GBF) Short Interest Up 128.1% in March

iShares Government/Credit Bond ETF (NYSEARCA:GBF) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 6,262 shares, a growth of 128.1% from the March 15th total of 2,745 shares. Based on an average daily trading volume, of 6,016 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.5% of the company’s shares are sold short.

iShares Government/Credit Bond ETF Stock Performance

Shares of NYSEARCA:GBF remained flat at $104.34 on Tuesday. The stock had a trading volume of 1,170 shares, compared to its average volume of 6,411. The business has a 50 day simple moving average of $104.80 and a 200-day simple moving average of $105.12. iShares Government/Credit Bond ETF has a 52-week low of $100.46 and a 52-week high of $106.43.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of GBF. Jane Street Group LLC grew its stake in shares of iShares Government/Credit Bond ETF by 28.3% during the first quarter. Jane Street Group LLC now owns 36,600 shares of the company’s stock valued at $3,812,000 after buying an additional 8,071 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of iShares Government/Credit Bond ETF by 12.8% during the second quarter. Captrust Financial Advisors now owns 3,959 shares of the company’s stock worth $413,000 after purchasing an additional 448 shares during the period. Osaic Holdings Inc. boosted its holdings in shares of iShares Government/Credit Bond ETF by 10.8% during the second quarter. Osaic Holdings Inc. now owns 5,607 shares of the company’s stock worth $585,000 after purchasing an additional 546 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of iShares Government/Credit Bond ETF by 274.0% during the third quarter. Farther Finance Advisors LLC now owns 288 shares of the company’s stock worth $30,000 after purchasing an additional 211 shares during the period. Finally, WorthPointe LLC boosted its holdings 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 worth $1,137,000 after purchasing an additional 136 shares during the period.

iShares Government/Credit Bond ETF Company Profile

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.