iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Shares Shorted: Short Interest Up 105.9% in September

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 258,908 shares, an increase of 105.9% from the September 15th total of 125,756 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 673,755 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On iShares 25+ Year Treasury STRIPS Bond ETF

A hedge fund recently bought a new position in iShares 25+ Year Treasury STRIPS Bond ETF stock. Sankala Group LLC purchased a new stake in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 278,663 shares of the company’s stock, valued at approximately $2,734,000. iShares 25+ Year Treasury STRIPS Bond ETF makes up approximately 2.3% of Sankala Group LLC’s investment portfolio, making the stock its 9th biggest holding. Sankala Group LLC owned about 0.98% of iShares 25+ Year Treasury STRIPS Bond ETF as of its most recent SEC filing.

iShares 25+ Year Treasury STRIPS Bond ETF Trading Up 0.8%

GOVZ opened at $31.32 on Wednesday. iShares 25+ Year Treasury STRIPS Bond ETF has a one year low of $29.88 and a one year high of $41.02. The business’s 50-day simple moving average is $32.86 and its 200-day simple moving average is $34.79.

About iShares 25+ Year Treasury STRIPS Bond ETF

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.