iShares GNMA Bond ETF (NASDAQ:GNMA) Short Interest Down 14.3% in October

iShares GNMA Bond ETF (NASDAQ:GNMA) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totalling 16,200 shares, a decline of 14.3% from the September 30th total of 18,900 shares. Based on an average daily volume of 22,900 shares, the days-to-cover ratio is currently 0.7 days.

iShares GNMA Bond ETF Stock Down 0.3 %

Shares of GNMA stock traded down $0.13 on Thursday, hitting $43.47. 19,524 shares of the stock traded hands, compared to its average volume of 38,381. iShares GNMA Bond ETF has a 52 week low of $40.77 and a 52 week high of $45.69. The firm has a 50 day simple moving average of $44.49 and a two-hundred day simple moving average of $43.65.

iShares GNMA Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1503 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Trading of iShares GNMA Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. DMC Group LLC raised its position in shares of iShares GNMA Bond ETF by 0.8% during the third quarter. DMC Group LLC now owns 34,749 shares of the company’s stock valued at $1,556,000 after buying an additional 263 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its stake in iShares GNMA Bond ETF by 4.9% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 6,373 shares of the company’s stock worth $274,000 after purchasing an additional 300 shares in the last quarter. TSA Wealth Managment LLC lifted its stake in iShares GNMA Bond ETF by 0.8% in the 1st quarter. TSA Wealth Managment LLC now owns 49,411 shares of the company’s stock worth $2,144,000 after purchasing an additional 390 shares in the last quarter. CWM LLC grew its position in shares of iShares GNMA Bond ETF by 402.5% during the second quarter. CWM LLC now owns 990 shares of the company’s stock valued at $43,000 after purchasing an additional 793 shares in the last quarter. Finally, Northland Capital Management LLC increased its holdings in shares of iShares GNMA Bond ETF by 0.3% in the first quarter. Northland Capital Management LLC now owns 409,684 shares of the company’s stock worth $17,776,000 after purchasing an additional 1,159 shares during the last quarter.

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.