Short Interest in iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Drops By 23.2%

iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 189,600 shares, adecreaseof23.2% from the July 15th total of 246,800 shares. Approximately0.1% of the company’s shares are short sold. Based on an average daily volume of 1,682,900 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 1,682,900 shares, the short-interest ratio is presently 0.1 days. Approximately0.1% of the company’s shares are short sold.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of TFLO stock opened at $50.60 on Friday. The company’s 50-day simple moving average is $50.57 and its two-hundred day simple moving average is $50.57. iShares Treasury Floating Rate Bond ETF has a one year low of $50.36 and a one year high of $50.69.

Hedge Funds Weigh In On iShares Treasury Floating Rate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Aptus Capital Advisors LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 2.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 10,400 shares of the company’s stock valued at $525,000 after acquiring an additional 203 shares during the last quarter. Lido Advisors LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 2.7% during the second quarter. Lido Advisors LLC now owns 8,083 shares of the company’s stock valued at $409,000 after acquiring an additional 213 shares during the last quarter. Schmidt P J Investment Management Inc. lifted its position in iShares Treasury Floating Rate Bond ETF by 5.1% during the first quarter. Schmidt P J Investment Management Inc. now owns 4,671 shares of the company’s stock valued at $237,000 after acquiring an additional 226 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in iShares Treasury Floating Rate Bond ETF by 0.5% during the first quarter. Janney Montgomery Scott LLC now owns 62,704 shares of the company’s stock valued at $3,177,000 after acquiring an additional 291 shares during the last quarter. Finally, Guardian Wealth Advisors LLC NC lifted its position in iShares Treasury Floating Rate Bond ETF by 3.1% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 10,348 shares of the company’s stock valued at $522,000 after acquiring an additional 309 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Company Profile

The iShares Treasury Floating Rate Bond ETF (TFLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The iShares Treasury Floating Rate Bond ETF seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds. TFLO was launched on Feb 3, 2014 and is managed by BlackRock.