iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Short Interest Update

iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 509,183 shares, an increase of 382.9% from the August 15th total of 105,437 shares. Based on an average daily volume of 1,186,232 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are short sold.

iShares Treasury Floating Rate Bond ETF Stock Up 0.0%

NYSEARCA:TFLO traded up $0.03 during trading hours on Friday, reaching $50.56. 1,327,597 shares of the company’s stock were exchanged, compared to its average volume of 1,589,207. The company has a 50-day moving average of $50.58 and a 200 day moving average of $50.57. iShares Treasury Floating Rate Bond ETF has a 1-year low of $50.39 and a 1-year high of $50.67.

Institutional Investors Weigh In On iShares Treasury Floating Rate Bond ETF

Hedge funds have recently made changes to their positions in the business. Bank of America Corp DE raised its stake in iShares Treasury Floating Rate Bond ETF by 33.0% during the 1st quarter. Bank of America Corp DE now owns 7,745,149 shares of the company’s stock valued at $392,137,000 after acquiring an additional 1,920,892 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 6,756,367 shares of the company’s stock valued at $340,926,000 after purchasing an additional 426,615 shares during the period. Mariner LLC increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 1.9% in the third quarter. Mariner LLC now owns 1,742,187 shares of the company’s stock valued at $88,137,000 after purchasing an additional 32,589 shares during the period. Wealthspire Advisors LLC raised its position in iShares Treasury Floating Rate Bond ETF by 18.3% during the 4th quarter. Wealthspire Advisors LLC now owns 1,724,436 shares of the company’s stock worth $87,015,000 after buying an additional 266,825 shares during the last quarter. Finally, Financial Advisory Corp raised its holdings in iShares Treasury Floating Rate Bond ETF by 6.4% during the second quarter. Financial Advisory Corp now owns 1,590,060 shares of the company’s stock worth $80,505,000 after purchasing an additional 95,596 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Company Profile

The iShares Treasury Floating Rate Bond ETF (TFLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The iShares Treasury Floating Rate Bond ETF seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds. TFLO was launched on Feb 3, 2014 and is managed by BlackRock.