iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Update

iShares GNMA Bond ETF (NASDAQ:GNMA) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,600 shares, an increase of 160.0% from the February 13th total of 1,000 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 42,100 shares, the days-to-cover ratio is currently 0.1 days.

iShares GNMA Bond ETF Stock Performance

Shares of GNMA traded down $0.07 during mid-day trading on Friday, hitting $43.54. The stock had a trading volume of 11,528 shares, compared to its average volume of 34,584. The business has a fifty day moving average price of $43.20 and a 200-day moving average price of $43.68. iShares GNMA Bond ETF has a 52 week low of $41.91 and a 52 week high of $45.69.

iShares GNMA Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1514 per share. The ex-dividend date was Monday, March 3rd.

Institutional Trading of iShares GNMA Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of GNMA. LifePlan Financial LLC increased its holdings in shares of iShares GNMA Bond ETF by 1.0% in the fourth quarter. LifePlan Financial LLC now owns 45,990 shares of the company’s stock worth $1,974,000 after purchasing an additional 456 shares during the period. Commonwealth Equity Services LLC increased its stake in iShares GNMA Bond ETF by 12.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,962 shares of the company’s stock worth $256,000 after acquiring an additional 641 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its stake in iShares GNMA Bond ETF by 10.5% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 6,982 shares of the company’s stock worth $300,000 after acquiring an additional 666 shares during the last quarter. Beacon Financial Group increased its stake in iShares GNMA Bond ETF by 7.5% in the 4th quarter. Beacon Financial Group now owns 10,054 shares of the company’s stock worth $432,000 after acquiring an additional 701 shares during the last quarter. Finally, South Plains Financial Inc. bought a new position in iShares GNMA Bond ETF in the 4th quarter worth about $30,000.

About iShares GNMA Bond ETF

The iShares GNMA Bond ETF (GNMA) is an exchange-traded fund that is based on the Bloomberg U.S. GNMA Bond index. The fund tracks a market-value-weighted index of US mortgage pass-through securities issued by Government National Mortgage Association (GNMA), with 30- or 15-year maturities. GNMA was launched on Feb 14, 2012 and is managed by BlackRock.