Short Interest in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Drops By 45.7%

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 216,278 shares, a decline of 45.7% from the June 15th total of 398,207 shares. Based on an average daily volume of 157,982 shares, the short-interest ratio is presently 1.4 days. Currently, 0.8% of the shares of the stock are sold short.

Institutional Trading of iShares 25+ Year Treasury STRIPS Bond ETF

An institutional investor recently raised its stake in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. increased its position in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,735 shares of the company’s stock after acquiring an additional 48,400 shares during the period. JPMorgan Chase & Co. owned approximately 0.22% of iShares 25+ Year Treasury STRIPS Bond ETF worth $620,000 at the end of the most recent quarter.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Performance

GOVZ opened at $34.96 on Friday. The business has a 50 day moving average price of $35.85 and a two-hundred day moving average price of $36.72. iShares 25+ Year Treasury STRIPS Bond ETF has a 1-year low of $34.00 and a 1-year high of $41.02.

iShares 25+ Year Treasury STRIPS Bond ETF Company Profile

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US separate trading of registered interest and principal securities (STRIPS), with remaining maturities of at least 25 years. GOVZ was launched on Sep 22, 2020 and is managed by BlackRock.