iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Significant Increase in Short Interest

iShares Short Treasury Bond ETF (NASDAQ:SHV) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,911,001 shares, an increase of 89.9% from the November 30th total of 1,006,283 shares. Based on an average daily volume of 3,014,971 shares, the short-interest ratio is presently 0.6 days. Approximately 1.0% of the shares of the company are short sold. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 3,014,971 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On iShares Short Treasury Bond ETF

A number of institutional investors have recently made changes to their positions in the business. Avalon Capital Management increased its holdings in iShares Short Treasury Bond ETF by 33.6% in the second quarter. Avalon Capital Management now owns 51,938 shares of the company’s stock valued at $5,735,000 after purchasing an additional 13,068 shares during the last quarter. 17 Capital Partners LLC bought a new position in iShares Short Treasury Bond ETF during the second quarter worth about $565,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth about $743,000. San Luis Wealth Advisors LLC grew its position in shares of iShares Short Treasury Bond ETF by 13.5% during the 2nd quarter. San Luis Wealth Advisors LLC now owns 37,456 shares of the company’s stock worth $4,136,000 after buying an additional 4,457 shares during the period. Finally, Adaptive Financial Consulting LLC increased its stake in shares of iShares Short Treasury Bond ETF by 4.3% in the 2nd quarter. Adaptive Financial Consulting LLC now owns 65,384 shares of the company’s stock valued at $7,220,000 after acquiring an additional 2,694 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.11 on Friday. The firm has a fifty day simple moving average of $110.28 and a 200-day simple moving average of $110.28. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year high of $110.51.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a dividend of $0.3569 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, December 19th.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.