Short Interest in iShares Short Duration Bond Active ETF (BATS:NEAR) Grows By 94.3%

iShares Short Duration Bond Active ETF (BATS:NEAR) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 361,796 shares, a growth of 94.3% from the June 15th total of 186,160 shares. Based on an average trading volume of 611,637 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the company’s stock are short sold.

iShares Short Duration Bond Active ETF Price Performance

Shares of NEAR opened at $50.53 on Thursday. iShares Short Duration Bond Active ETF has a 1-year low of $50.43 and a 1-year high of $51.37. The firm has a fifty day moving average price of $50.60 and a 200 day moving average price of $50.86.

Institutional Trading of iShares Short Duration Bond Active ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Investment Advisory Group LLC increased its stake in shares of iShares Short Duration Bond Active ETF by 1.1% during the fourth quarter. Investment Advisory Group LLC now owns 18,053 shares of the company’s stock worth $923,000 after acquiring an additional 200 shares during the period. Fortis Advisors LLC lifted its position in iShares Short Duration Bond Active ETF by 1.6% in the fourth quarter. Fortis Advisors LLC now owns 14,489 shares of the company’s stock valued at $740,000 after purchasing an additional 226 shares during the period. Geneos Wealth Management Inc. boosted its holdings in iShares Short Duration Bond Active ETF by 11.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 2,293 shares of the company’s stock valued at $117,000 after purchasing an additional 231 shares in the last quarter. Lane Brothers & Co. Inc. boosted its holdings in iShares Short Duration Bond Active ETF by 1.5% in the 1st quarter. Lane Brothers & Co. Inc. now owns 17,676 shares of the company’s stock valued at $899,000 after purchasing an additional 260 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its position in iShares Short Duration Bond Active ETF by 10.5% during the 1st quarter. AdvisorNet Financial Inc now owns 3,238 shares of the company’s stock worth $165,000 after purchasing an additional 308 shares during the period.

About iShares Short Duration Bond Active ETF

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.