iShares Short Treasury Bond ETF (NYSE:SHV – Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 2,169,706 shares, a decline of 64.0% from the September 30th total of 6,019,659 shares. Based on an average trading volume of 3,677,629 shares, the days-to-cover ratio is presently 0.6 days. Approximately 1.0% of the company’s shares are short sold.
iShares Short Treasury Bond ETF Price Performance
Shares of NYSE SHV traded up $0.02 during trading on Thursday, hitting $110.39. 2,639,517 shares of the company traded hands, compared to its average volume of 3,026,967. The business’s fifty day moving average is $110.22 and its 200 day moving average is $110.23. iShares Short Treasury Bond ETF has a fifty-two week low of $109.86 and a fifty-two week high of $110.50.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of SHV. Rinkey Investments lifted its holdings in iShares Short Treasury Bond ETF by 1.9% in the 2nd quarter. Rinkey Investments now owns 4,944 shares of the company’s stock worth $546,000 after buying an additional 94 shares during the period. Triumph Capital Management increased its stake in shares of iShares Short Treasury Bond ETF by 3.7% during the third quarter. Triumph Capital Management now owns 2,689 shares of the company’s stock valued at $297,000 after buying an additional 96 shares during the period. GenWealth Group Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 0.7% during the second quarter. GenWealth Group Inc. now owns 17,317 shares of the company’s stock valued at $1,911,000 after buying an additional 112 shares during the period. Mayflower Financial Advisors LLC increased its position in shares of iShares Short Treasury Bond ETF by 2.0% during the first quarter. Mayflower Financial Advisors LLC now owns 5,896 shares of the company’s stock valued at $651,000 after buying an additional 115 shares during the period. Finally, Arkfeld Wealth Strategies L.L.C. raised its position in shares of iShares Short Treasury Bond ETF by 0.9% in the 3rd quarter. Arkfeld Wealth Strategies L.L.C. now owns 13,686 shares of the company’s stock worth $1,507,000 after acquiring an additional 123 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.
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.
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