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

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 1,112,519 shares, a decrease of 23.2% from the January 15th total of 1,448,302 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,794,357 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 2,794,357 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the shares of the stock are short sold.

iShares Short Treasury Bond ETF Price Performance

NASDAQ SHV traded up $0.05 on Monday, reaching $110.27. The company’s stock had a trading volume of 2,173,933 shares, compared to its average volume of 2,886,254. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.50. The firm’s 50 day moving average is $110.23 and its two-hundred day moving average is $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.342 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.7%.

Hedge Funds Weigh In On iShares Short Treasury Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE lifted its stake in iShares Short Treasury Bond ETF by 0.7% during the third quarter. Bank of America Corp DE now owns 3,195,036 shares of the company’s stock valued at $353,020,000 after buying an additional 22,622 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 18.6% during the fourth quarter. LPL Financial LLC now owns 3,063,342 shares of the company’s stock valued at $337,427,000 after acquiring an additional 479,397 shares during the period. UBS Group AG lifted its position in shares of iShares Short Treasury Bond ETF by 11.3% in the 3rd quarter. UBS Group AG now owns 2,154,863 shares of the company’s stock valued at $238,091,000 after acquiring an additional 219,146 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in iShares Short Treasury Bond ETF by 10.0% in the 3rd quarter. Wealthfront Advisers LLC now owns 1,960,677 shares of the company’s stock worth $216,635,000 after purchasing an additional 177,915 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in iShares Short Treasury Bond ETF by 8.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,630,567 shares of the company’s stock worth $179,672,000 after purchasing an additional 126,707 shares in the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

About iShares Short Treasury Bond ETF

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.