iShares Agency Bond ETF (NYSEARCA:AGZ) Sees Significant Decrease in Short Interest

iShares Agency Bond ETF (NYSEARCA:AGZ) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 5,485 shares, a decline of 64.6% from the July 15th total of 15,505 shares. Based on an average daily trading volume, of 15,356 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

iShares Agency Bond ETF Stock Performance

NYSEARCA:AGZ traded down $0.16 on Friday, reaching $108.76. The stock had a trading volume of 3,421 shares, compared to its average volume of 17,895. The company has a 50-day moving average of $108.79 and a 200 day moving average of $109.42. iShares Agency Bond ETF has a 12-month low of $108.24 and a 12-month high of $111.00.

Institutional Investors Weigh In On iShares Agency Bond ETF

Hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new position in shares of iShares Agency Bond ETF in the 3rd quarter valued at approximately $190,000. Corient Private Wealth LLC acquired a new stake in shares of iShares Agency Bond ETF during the second quarter worth approximately $200,000. Godfrey Financial Associates Inc. bought a new stake in shares of iShares Agency Bond ETF in the fourth quarter worth $206,000. Portland Global Advisors LLC acquired a new stake in iShares Agency Bond ETF in the fourth quarter valued at $220,000. Finally, StoneX Group Inc. acquired a new stake in iShares Agency Bond ETF in the fourth quarter valued at $221,000. Institutional investors and hedge funds own 9.74% of the company’s stock.

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.