iShares Short Treasury Bond ETF (NYSE:SHV – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2,169,706 shares, a decrease of 64.0% from the September 30th total of 6,019,659 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,677,629 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Compass Financial Management LLC raised its position in shares of iShares Short Treasury Bond ETF by 11.5% during the third quarter. Compass Financial Management LLC now owns 6,977 shares of the company’s stock valued at $770,000 after buying an additional 722 shares during the last quarter. Integrity Alliance LLC. boosted its position in shares of iShares Short Treasury Bond ETF by 19.5% during the third quarter. Integrity Alliance LLC. now owns 6,348 shares of the company’s stock worth $700,000 after acquiring an additional 1,034 shares during the last quarter. Integrity Advisory Solutions LLC boosted its position in shares of iShares Short Treasury Bond ETF by 32.0% during the third quarter. Integrity Advisory Solutions LLC now owns 3,639 shares of the company’s stock worth $402,000 after acquiring an additional 883 shares during the last quarter. Summa Corp. bought a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth $263,000. Finally, Mullooly Asset Management Inc. grew its stake in iShares Short Treasury Bond ETF by 7.6% during the third quarter. Mullooly Asset Management Inc. now owns 267,588 shares of the company’s stock valued at $29,521,000 after acquiring an additional 18,813 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.
iShares Short Treasury Bond ETF Stock Performance
Shares of SHV traded up $0.05 during trading hours on Friday, hitting $110.44. The stock had a trading volume of 4,961,341 shares, compared to its average volume of 3,036,369. iShares Short Treasury Bond ETF has a 12 month low of $109.86 and a 12 month high of $110.50. The stock has a fifty day moving average price of $110.23 and a 200 day moving average price of $110.24.
About iShares Short Treasury Bond ETF
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
See Also
- Five stocks we like better than iShares Short Treasury Bond ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for iShares Short Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Short Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
