Short Interest in iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRH) Grows By 67.0%

iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRHGet Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 20,380 shares, a growth of 67.0% from the June 30th total of 12,203 shares. Based on an average trading volume of 1,633 shares, the days-to-cover ratio is currently 12.5 days. Approximately 6.8% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares Interest Rate Hedged U.S. Aggregate Bond ETF

An institutional investor recently raised its stake in iShares Interest Rate Hedged U.S. Aggregate Bond ETF stock. Citadel Advisors LLC raised its stake in shares of iShares Interest Rate Hedged U.S. Aggregate Bond ETF (NYSEARCA:AGRHFree Report) by 59.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,651 shares of the company’s stock after acquiring an additional 18,159 shares during the quarter. Citadel Advisors LLC owned approximately 24.33% of iShares Interest Rate Hedged U.S. Aggregate Bond ETF worth $1,271,000 as of its most recent filing with the SEC.

iShares Interest Rate Hedged U.S. Aggregate Bond ETF Price Performance

Shares of NYSEARCA:AGRH traded up $0.01 during trading on Friday, hitting $26.25. 3,114 shares of the stock were exchanged, compared to its average volume of 1,153. iShares Interest Rate Hedged U.S. Aggregate Bond ETF has a 1-year low of $25.80 and a 1-year high of $26.53. The company’s fifty day simple moving average is $26.27 and its 200-day simple moving average is $26.22.

About iShares Interest Rate Hedged U.S. Aggregate Bond ETF

(Get Free Report)

The iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares Core US Aggregate Bond ETF (AGG), which targets USD-denominated, investment grade bonds, while mitigating duration risk through swaps. AGRH was launched on Jun 22, 2022 and is managed by BlackRock.

Further Reading

Receive News & Ratings for iShares Interest Rate Hedged U.S. Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Interest Rate Hedged U.S. Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.