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

iShares Agency Bond ETF (NYSEARCA:AGZ) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 4,000 shares, a drop of 39.4% from the August 31st total of 6,600 shares. Based on an average trading volume of 21,500 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 21,500 shares, the days-to-cover ratio is presently 0.2 days.

iShares Agency Bond ETF Trading Up 0.1%

Shares of AGZ stock opened at $110.16 on Friday. iShares Agency Bond ETF has a 1 year low of $107.29 and a 1 year high of $110.61. The firm’s 50 day moving average is $109.87 and its 200-day moving average is $109.33.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Corient Private Wealth LLC acquired a new stake in shares of iShares Agency Bond ETF in the 2nd quarter valued at $200,000. Osaic Holdings Inc. boosted its holdings in iShares Agency Bond ETF by 158.1% in the second quarter. Osaic Holdings Inc. now owns 4,626 shares of the company’s stock valued at $508,000 after acquiring an additional 2,834 shares during the last quarter. Tidal Investments LLC increased its position in iShares Agency Bond ETF by 113.7% in the second quarter. Tidal Investments LLC now owns 20,485 shares of the company’s stock worth $2,240,000 after purchasing an additional 10,899 shares during the period. Smartleaf Asset Management LLC raised its holdings in iShares Agency Bond ETF by 2.7% during the 2nd quarter. Smartleaf Asset Management LLC now owns 5,552 shares of the company’s stock worth $608,000 after purchasing an additional 147 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in iShares Agency Bond ETF by 146.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 53,779 shares of the company’s stock worth $5,900,000 after purchasing an additional 31,920 shares during the last quarter. 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.