iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Short Interest Up 3,892.1% in May

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 400,525 shares, an increase of 3,892.1% from the May 14th total of 10,033 shares. Based on an average daily volume of 423,003 shares, the short-interest ratio is presently 0.9 days. Currently, 1.4% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares 25+ Year Treasury STRIPS Bond ETF

A hedge fund recently raised its stake in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. raised its stake in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,735 shares of the company’s stock after buying an additional 48,400 shares during the period. 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 (SEC).

iShares 25+ Year Treasury STRIPS Bond ETF Stock Up 1.0%

GOVZ stock opened at $35.86 on Wednesday. iShares 25+ Year Treasury STRIPS Bond ETF has a 12 month low of $34.00 and a 12 month high of $41.02. The company has a 50-day moving average price of $36.03 and a 200 day moving average price of $37.10.

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.