iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Sees Significant Growth in Short Interest

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 348,382 shares, a growth of 72.9% from the July 30th total of 201,532 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average trading volume of 447,772 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. grew its position in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 63,735 shares of the company’s stock after acquiring an additional 48,400 shares during the period. JPMorgan Chase & Co. owned 0.22% of iShares 25+ Year Treasury STRIPS Bond ETF worth $620,000 as of its most recent filing with the SEC.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Performance

GOVZ opened at $33.77 on Tuesday. The company’s 50 day moving average is $34.71 and its 200-day moving average is $35.99. iShares 25+ Year Treasury STRIPS Bond ETF has a 1-year low of $32.62 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.