Short Interest in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Declines By 45.7%

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 216,278 shares, a drop of 45.7% from the June 15th total of 398,207 shares. Based on an average trading volume of 157,982 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.8% of the company’s shares are short sold.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Performance

Shares of BATS:GOVZ opened at $34.96 on Wednesday. The business has a 50-day moving average of $35.90 and a two-hundred day moving average of $36.76. iShares 25+ Year Treasury STRIPS Bond ETF has a 12 month low of $34.00 and a 12 month high of $41.02.

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

A hedge fund recently raised its position in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. lifted its holdings in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,735 shares of the company’s stock after acquiring an additional 48,400 shares during the quarter. JPMorgan Chase & Co. owned about 0.22% of iShares 25+ Year Treasury STRIPS Bond ETF worth $620,000 as of its most recent filing with the Securities and Exchange Commission.

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.