iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Short Interest Update

by · The Cerbat Gem

iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 758,657 shares, a growth of 2,340.5% from the May 31st total of 31,086 shares. Based on an average daily trading volume, of 1,627,455 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Trading of iShares Treasury Floating Rate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Evolution Wealth Management Inc. bought a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter valued at approximately $32,000. Core Wealth Advisors LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth about $53,000. Strive Financial Group LLC acquired a new stake in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter valued at approximately $55,000. Chapman Financial Group LLC acquired a new stake in iShares Treasury Floating Rate Bond ETF in the 2nd quarter valued at approximately $59,000. Finally, Optima Capital LLC acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the fourth quarter valued at $62,000.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

Shares of NYSEARCA:TFLO traded up $0.02 during trading on Thursday, hitting $50.62. The company’s stock had a trading volume of 1,124,893 shares, compared to its average volume of 1,654,813. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.66. The stock’s 50-day moving average price is $50.57 and its two-hundred day moving average price is $50.55.

About iShares Treasury Floating Rate Bond ETF

(Get Free Report)

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.

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