iShares Short Treasury Bond ETF (NYSE:SHV – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 6,019,659 shares, an increase of 170.7% from the September 15th total of 2,223,877 shares. Based on an average daily volume of 4,634,515 shares, the short-interest ratio is currently 1.3 days. Approximately 2.8% of the company’s stock are short sold.
iShares Short Treasury Bond ETF Stock Performance
Shares of iShares Short Treasury Bond ETF stock remained flat at $110.17 on Monday. The stock had a trading volume of 1,758,671 shares, compared to its average volume of 2,937,987. The business’s 50-day simple moving average is $110.19 and its 200-day simple moving average is $110.22. iShares Short Treasury Bond ETF has a 12 month low of $109.86 and a 12 month high of $110.50.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in SHV. Bank of New Hampshire bought a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth about $28,000. Evergreen Advisors LLC bought a new stake in iShares Short Treasury Bond ETF in the first quarter valued at about $43,000. C M Bidwell & Associates Ltd. acquired a new stake in iShares Short Treasury Bond ETF during the second quarter valued at approximately $58,000. Bessemer Group Inc. acquired a new stake in iShares Short Treasury Bond ETF during the first quarter valued at approximately $76,000. Finally, Continuum Advisory LLC acquired a new stake in iShares Short Treasury Bond ETF during the second quarter valued at approximately $97,000. 7.10% of the stock is owned by institutional investors and hedge funds.
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.
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