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

iShares Agency Bond ETF (NYSEARCA:AGZ) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 5,513 shares, an increase of 21.4% from the December 15th total of 4,541 shares. Based on an average daily volume of 12,809 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 12,809 shares, the short-interest ratio is presently 0.4 days.

iShares Agency Bond ETF Stock Down 0.3%

AGZ opened at $110.02 on Wednesday. iShares Agency Bond ETF has a twelve month low of $107.44 and a twelve month high of $111.00. The company has a fifty day simple moving average of $110.33 and a 200 day simple moving average of $110.07.

Institutional Trading of iShares Agency Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of AGZ. HighTower Advisors LLC boosted its holdings in iShares Agency Bond ETF by 11.2% in the third quarter. HighTower Advisors LLC now owns 446,650 shares of the company’s stock valued at $49,297,000 after purchasing an additional 44,861 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of iShares Agency Bond ETF by 1.7% in the 3rd quarter. Raymond James Financial Inc. now owns 293,497 shares of the company’s stock valued at $32,393,000 after purchasing an additional 4,788 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares Agency Bond ETF by 8.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 194,732 shares of the company’s stock valued at $21,362,000 after purchasing an additional 15,656 shares in the last quarter. Faithward Advisors LLC boosted its stake in shares of iShares Agency Bond ETF by 5.9% during the 2nd quarter. Faithward Advisors LLC now owns 194,717 shares of the company’s stock valued at $21,360,000 after buying an additional 10,898 shares during the last quarter. Finally, Syon Capital LLC grew its position in shares of iShares Agency Bond ETF by 1.2% during the third quarter. Syon Capital LLC now owns 190,087 shares of the company’s stock worth $20,980,000 after buying an additional 2,221 shares in the last quarter. 9.74% of the stock is owned by hedge funds and other institutional investors.

iShares Agency Bond ETF Company Profile

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.