iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Up 121.5% in December

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,000,000 shares, a growth of 121.5% from the December 15th total of 451,500 shares. Based on an average daily volume of 1,461,500 shares, the days-to-cover ratio is presently 0.7 days.

Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. raised its holdings in iShares Short Treasury Bond ETF by 26.7% in the third quarter. BlackRock Inc. now owns 7,433,450 shares of the company’s stock valued at $821,173,000 after acquiring an additional 1,565,496 shares in the last quarter. Bank of Nova Scotia raised its holdings in shares of iShares Short Treasury Bond ETF by 439.9% during the third quarter. Bank of Nova Scotia now owns 1,555,817 shares of the company’s stock worth $171,550,000 after purchasing an additional 1,267,634 shares during the period. Assetmark Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 53.3% during the second quarter. Assetmark Inc. now owns 1,304,971 shares of the company’s stock worth $144,186,000 after purchasing an additional 453,669 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of iShares Short Treasury Bond ETF by 86.9% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 740,372 shares of the company’s stock worth $82,030,000 after purchasing an additional 344,143 shares during the period. Finally, Advisors Preferred LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 161.3% during the third quarter. Advisors Preferred LLC now owns 339,357 shares of the company’s stock worth $23,985,000 after purchasing an additional 209,509 shares during the period.

Shares of SHV stock opened at $110.37 on Friday. The firm has a fifty day simple moving average of $110.42 and a 200-day simple moving average of $110.45. iShares Short Treasury Bond ETF has a twelve month low of $110.14 and a twelve month high of $110.54.

iShares Short Treasury Bond ETF Company Profile

iShares Short Treasury Bond ETF (the Fund), formerly iShares Barclays Short Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the Barclays Capital U.S. Short Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of between 1 and 12 months.

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