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

by · The Cerbat Gem

iShares Short Treasury Bond ETF (NASDAQ:SHV – Get Free Report) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,270,000 shares, an increase of 101.3% from the October 31st total of 631,000 shares. Based on an average daily volume of 4,337,400 shares, the days-to-cover ratio is presently 0.3 days.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of NASDAQ SHV traded up $0.02 during mid-day trading on Thursday, hitting $110.46. 2,100,050 shares of the stock traded hands, compared to its average volume of 2,972,002. The stock has a fifty day moving average price of $110.37 and a 200-day moving average price of $110.34. iShares Short Treasury Bond ETF has a 52 week low of $109.85 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.4668 per share. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. This represents a $5.60 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date of this dividend was Friday, November 1st.

Hedge Funds Weigh In On iShares Short Treasury Bond ETF

Institutional investors have recently made changes to their positions in the business. Rothschild Investment LLC bought a new position in iShares Short Treasury Bond ETF in the second quarter worth approximately $40,000. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter worth $43,000. Massmutual Trust Co. FSB ADV bought a new position in iShares Short Treasury Bond ETF in the 2nd quarter worth $48,000. MidAtlantic Capital Management Inc. purchased a new position in iShares Short Treasury Bond ETF during the third quarter valued at $48,000. Finally, Glass Jacobson Investment Advisors llc lifted its position in iShares Short Treasury Bond ETF by 55.5% during the third 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. Institutional investors own 7.10% of the company’s stock.

About iShares Short Treasury Bond ETF

(Get Free Report)

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.

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