iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 476,617 shares, a decrease of 41.9% from the September 30th total of 820,885 shares. Based on an average trading volume of 2,215,871 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the company’s stock are short sold.
Institutional Investors Weigh In On iShares Treasury Floating Rate Bond ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Compass Financial Management LLC bought a new stake in iShares Treasury Floating Rate Bond ETF during the 2nd quarter valued at $32,000. Latitude Advisors LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth $35,000. Reyes Financial Architecture Inc. bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the third quarter worth $135,000. Ascent Advisors LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the first quarter worth $155,000. Finally, Legacy Wealth Managment LLC ID grew its position in shares of iShares Treasury Floating Rate Bond ETF by 44.6% in the second quarter. Legacy Wealth Managment LLC ID now owns 3,969 shares of the company’s stock valued at $201,000 after purchasing an additional 1,225 shares in the last quarter.
iShares Treasury Floating Rate Bond ETF Stock Performance
Shares of TFLO stock traded up $0.03 on Friday, hitting $50.71. The stock had a trading volume of 1,932,544 shares, compared to its average volume of 1,680,203. The business has a 50 day moving average of $50.60 and a 200 day moving average of $50.58. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.71.
About iShares Treasury Floating Rate Bond ETF
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.
Further Reading
- Five stocks we like better than iShares Treasury Floating Rate Bond ETF
- Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
- Exxon’s Refining Profits Soared—Did Chevron Get the Same Windfall?
- Eli Lilly’s First Full Medicare Quarter: Is Volume Still Outrunning Price Cuts?
- Oracle’s AI Spending Peak Is in Sight—Can the Stock Recover?
Receive News & Ratings for iShares Treasury Floating Rate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Treasury Floating Rate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
