iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRH – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 9,160 shares, a growth of 103.1% from the May 14th total of 4,509 shares. Based on an average daily volume of 1,219 shares, the days-to-cover ratio is presently 7.5 days. Currently, 4.6% of the shares of the stock are sold short.
iShares Interest Rate Hedged U.S. Aggregate Bond ETF Price Performance
Shares of AGRH traded up $0.04 during midday trading on Friday, reaching $26.31. The stock had a trading volume of 232 shares, compared to its average volume of 990. The company’s 50-day moving average is $26.22 and its 200 day moving average is $26.20. iShares Interest Rate Hedged U.S. Aggregate Bond ETF has a 12-month low of $25.67 and a 12-month high of $26.42.
Hedge Funds Weigh In On iShares Interest Rate Hedged U.S. Aggregate Bond ETF
A hedge fund recently raised its stake in iShares Interest Rate Hedged U.S. Aggregate Bond ETF stock. Citadel Advisors LLC lifted its position in iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRH – Free Report) by 59.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,651 shares of the company’s stock after purchasing an additional 18,159 shares during the quarter. Citadel Advisors LLC owned 24.33% of iShares Interest Rate Hedged U.S. Aggregate Bond ETF worth $1,271,000 at the end of the most recent quarter.
About iShares Interest Rate Hedged U.S. Aggregate Bond ETF
The iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares Core US Aggregate Bond ETF (AGG), which targets USD-denominated, investment grade bonds, while mitigating duration risk through swaps. AGRH was launched on Jun 22, 2022 and is managed by BlackRock.
Recommended Stories
- Five stocks we like better than iShares Interest Rate Hedged U.S. Aggregate Bond ETF
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for iShares Interest Rate Hedged U.S. Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Interest Rate Hedged U.S. Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
