iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Up 51.7% in February

iShares Short Treasury Bond ETF (NASDAQ:SHV) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,688,106 shares, an increase of 51.7% from the January 29th total of 1,112,519 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average trading volume of 3,285,581 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 3,285,581 shares, the short-interest ratio is presently 0.5 days. Approximately 0.9% of the shares of the stock are short sold.

iShares Short Treasury Bond ETF Stock Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.40 on Friday. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.50. The business has a 50 day moving average price of $110.24 and a 200 day moving average price of $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth about $26,000. Godfrey Financial Associates Inc. purchased a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $35,000. LFA Lugano Financial Advisors SA acquired a new stake in iShares Short Treasury Bond ETF during the fourth quarter worth approximately $39,000. International Assets Investment Management LLC purchased a new stake in iShares Short Treasury Bond ETF in the 4th quarter worth approximately $43,000. Finally, Simplex Trading LLC grew its stake in iShares Short Treasury Bond ETF by 271.0% in the 4th quarter. Simplex Trading LLC now owns 397 shares of the company’s stock worth $44,000 after acquiring an additional 290 shares during the period. 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.