iShares Agency Bond ETF (NYSEARCA:AGZ – Get Free Report) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 7,969 shares, a drop of 79.8% from the September 30th total of 39,392 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 35,163 shares, the short-interest ratio is presently 0.2 days.
iShares Agency Bond ETF Trading Up 0.2%
Shares of iShares Agency Bond ETF stock traded up $0.17 during trading hours on Thursday, reaching $107.18. 8,964 shares of the company’s stock were exchanged, compared to its average volume of 22,477. iShares Agency Bond ETF has a 52-week low of $105.96 and a 52-week high of $110.99. The company has a fifty day moving average of $107.32 and a 200-day moving average of $108.92.
Institutional Investors Weigh In On iShares Agency Bond ETF
Several hedge funds have recently modified their holdings of AGZ. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iShares Agency Bond ETF during the third quarter valued at $1,714,000. United Asset Strategies Inc. bought a new position in iShares Agency Bond ETF during the 3rd quarter valued at $347,000. Asset Management One Co. Ltd. bought a new position in iShares Agency Bond ETF during the 3rd quarter valued at $13,592,000. Wedbush Securities Inc. acquired a new position in shares of iShares Agency Bond ETF during the 2nd quarter valued at $238,000. Finally, Greenleaf Trust acquired a new position in shares of iShares Agency Bond ETF during the 2nd quarter valued at $5,153,000. 9.74% of the stock is currently owned by hedge funds and other institutional investors.
About iShares Agency Bond ETF
THE ISHARES BARCLAYS AGENCY BOND FUND seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the agency sector of the U.S. government bond market as defined by the Barclays Capital U.S. Agency Index.
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