Short Interest in iShares Short Duration Bond Active ETF (BATS:NEAR) Rises By 163.7%

iShares Short Duration Bond Active ETF (BATS:NEARGet Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,173,445 shares, an increase of 163.7% from the April 15th total of 445,018 shares. Based on an average daily volume of 655,831 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.8% of the shares of the company are sold short.

iShares Short Duration Bond Active ETF Trading Down 0.1%

Shares of iShares Short Duration Bond Active ETF stock opened at $50.61 on Friday. The firm’s 50-day simple moving average is $50.80 and its 200-day simple moving average is $51.04. iShares Short Duration Bond Active ETF has a twelve month low of $50.58 and a twelve month high of $51.37.

Institutional Trading of iShares Short Duration Bond Active ETF

Several institutional investors have recently made changes to their positions in NEAR. Kelleher Financial Advisors acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 3rd quarter valued at about $26,000. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter valued at about $35,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter valued at about $46,000. Tower Research Capital LLC TRC acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 2nd quarter valued at about $76,000. Finally, Maseco LLP acquired a new stake in shares of iShares Short Duration Bond Active ETF during the 4th quarter valued at about $88,000.

About iShares Short Duration Bond Active ETF

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The iShares Short Maturity Bond ETF (NEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to maximize income and preserve capital using very short maturity, USD-denominated global fixed income securities in an actively-managed fund. NEAR was launched on Sep 25, 2013 and is managed by BlackRock.

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