iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Up 150.0% in June

iShares GNMA Bond ETF (NASDAQ:GNMA) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 1,500 shares, a growth of 150.0% from the June 15th total of 600 shares. Based on an average daily volume of 31,200 shares, the days-to-cover ratio is currently 0.0 days.

iShares GNMA Bond ETF Stock Performance

iShares GNMA Bond ETF stock opened at $43.59 on Friday. The company has a 50-day moving average price of $43.04 and a 200 day moving average price of $43.16. iShares GNMA Bond ETF has a 12-month low of $40.33 and a 12-month high of $44.41.

iShares GNMA Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a dividend of $0.1501 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.13%.

Institutional Trading of iShares GNMA Bond ETF

Institutional investors have recently made changes to their positions in the company. Cape Investment Advisory Inc. grew its position in iShares GNMA Bond ETF by 259.8% in the fourth quarter. Cape Investment Advisory Inc. now owns 608 shares of the company’s stock worth $27,000 after acquiring an additional 439 shares during the period. First Horizon Advisors Inc. grew its holdings in shares of iShares GNMA Bond ETF by 495.6% during the 4th quarter. First Horizon Advisors Inc. now owns 679 shares of the company’s stock worth $30,000 after purchasing an additional 565 shares during the period. Fortitude Family Office LLC acquired a new stake in shares of iShares GNMA Bond ETF during the 4th quarter worth about $37,000. Park Place Capital Corp purchased a new stake in iShares GNMA Bond ETF in the 4th quarter valued at about $38,000. Finally, CWM LLC lifted its position in 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 buying an additional 793 shares during the last quarter.

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.