Short-Term Bond ETF (BATS:STBF) Short Interest Down 57.6% in June

Short-Term Bond ETF (BATS:STBF) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 16,460 shares, a decrease of 57.6% from the June 15th total of 38,848 shares. Based on an average daily volume of 21,886 shares, the days-to-cover ratio is presently 0.8 days. Approximately 2.4% of the shares of the stock are sold short.

Institutional Trading of Short-Term Bond ETF

A hedge fund recently raised its position in Short-Term Bond ETF stock. Rothschild Investment LLC increased its position in shares of Short-Term Bond ETF (BATS:STBF) by 528.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 170,838 shares of the company’s stock after acquiring an additional 143,656 shares during the period. Rothschild Investment LLC owned about 13.56% of Short-Term Bond ETF worth $4,332,000 as of its most recent filing with the Securities and Exchange Commission.

Short-Term Bond ETF Trading Up 0.0%

Shares of Short-Term Bond ETF stock opened at $25.34 on Wednesday. Short-Term Bond ETF has a 12-month low of $25.15 and a 12-month high of $25.60. The firm’s 50-day moving average price is $25.34 and its two-hundred day moving average price is $25.38.

About Short-Term Bond ETF

The Performance Trust Short Term Bond ETF (STBF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a diversified portfolio of short-term bonds, tilting towards investment-grade credit. The fund utilizes a value-oriented strategy, seeking total return from income and capital preservation. STBF was launched on Apr 9, 2024 and is issued by Performance Trust.