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 September. As of September 30th, there was short interest totalling 18,900 shares, an increase of 75.0% from the September 15th total of 10,800 shares. Based on an average daily trading volume, of 22,100 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On iShares GNMA Bond ETF

A number of institutional investors have recently added to or reduced their stakes in GNMA. CWM LLC boosted its position in shares of iShares GNMA Bond ETF by 402.5% in the second quarter. CWM LLC now owns 990 shares of the company’s stock valued at $43,000 after acquiring an additional 793 shares during the period. Tortoise Investment Management LLC increased its stake in shares of iShares GNMA Bond ETF by 14.1% in the fourth quarter. Tortoise Investment Management LLC now owns 3,318 shares of the company’s stock valued at $147,000 after buying an additional 410 shares during the period. Advisors Asset Management Inc. increased its stake in shares of iShares GNMA Bond ETF by 159.5% in the first quarter. Advisors Asset Management Inc. now owns 4,035 shares of the company’s stock valued at $175,000 after buying an additional 2,480 shares during the period. Payden & Rygel Investment Group acquired a new position in shares of iShares GNMA Bond ETF in the first quarter valued at approximately $198,000. Finally, Beacon Financial Group acquired a new stake in iShares GNMA Bond ETF during the 4th quarter valued at approximately $254,000.

iShares GNMA Bond ETF Price Performance

Shares of NASDAQ GNMA traded up $0.13 during midday trading on Friday, reaching $44.09. The company’s stock had a trading volume of 5,939 shares, compared to its average volume of 39,299. iShares GNMA Bond ETF has a fifty-two week low of $40.33 and a fifty-two week high of $45.69. The stock has a 50 day simple moving average of $44.60 and a 200-day simple moving average of $43.56.

iShares GNMA Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.1503 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares GNMA Bond ETF Company Profile

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.