iShares Agency Bond ETF (NYSEARCA:AGZ) Short Interest Down 39.4% in September

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

iShares Agency Bond ETF Stock Down 0.1%

Shares of AGZ opened at $110.02 on Tuesday. iShares Agency Bond ETF has a fifty-two week low of $107.29 and a fifty-two week high of $110.61. The company has a 50 day moving average price of $109.89 and a 200-day moving average price of $109.33.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AGZ. Ameritas Advisory Services LLC purchased a new stake in iShares Agency Bond ETF in the second quarter valued at about $26,000. Clean Yield Group lifted its holdings in iShares Agency Bond ETF by 14.4% in the second quarter. Clean Yield Group now owns 746 shares of the company’s stock valued at $82,000 after acquiring an additional 94 shares during the period. IFP Advisors Inc grew its position in iShares Agency Bond ETF by 22.3% during the first quarter. IFP Advisors Inc now owns 865 shares of the company’s stock valued at $95,000 after buying an additional 158 shares during the period. Corient Private Wealth LLC purchased a new position in shares of iShares Agency Bond ETF in the 2nd quarter valued at about $200,000. Finally, Detalus Advisors LLC acquired a new stake in iShares Agency Bond ETF in the 1st quarter valued at $223,000. Hedge funds and other institutional investors 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.