iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Update

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,850,000 shares, an increase of 108.7% from the February 13th total of 886,400 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 5,279,900 shares, the days-to-cover ratio is currently 0.4 days.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of NASDAQ SHV traded up $0.05 during trading hours on Friday, hitting $110.29. 9,005,492 shares of the stock were exchanged, compared to its average volume of 6,526,060. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64. The firm has a fifty day moving average price of $110.28 and a 200-day moving average price of $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.3579 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SHV. Menard Financial Group LLC acquired a new stake in iShares Short Treasury Bond ETF in the fourth quarter worth about $25,000. Transce3nd LLC acquired a new stake in iShares Short Treasury Bond ETF in the 4th quarter worth approximately $26,000. MidAtlantic Capital Management Inc. purchased a new stake in iShares Short Treasury Bond ETF during the 3rd quarter worth approximately $48,000. Glass Jacobson Investment Advisors llc increased its stake in iShares Short Treasury Bond ETF by 55.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after purchasing an additional 162 shares in the last quarter. Finally, Synergy Asset Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the fourth quarter worth $51,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

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.