iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Update

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 886,400 shares, a drop of 59.0% from the January 31st total of 2,160,000 shares. Based on an average trading volume of 4,602,600 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares Short Treasury Bond ETF

Several hedge funds have recently made changes to their positions in SHV. Mirae Asset Global Investments Co. Ltd. lifted its position in iShares Short Treasury Bond ETF by 1,395.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,700 shares of the company’s stock valued at $741,000 after acquiring an additional 6,252 shares during the period. Summit Wealth Partners LLC bought a new stake in iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $249,000. Fonville Wealth Management LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 46.0% in the third quarter. Fonville Wealth Management LLC now owns 3,795 shares of the company’s stock worth $420,000 after acquiring an additional 1,195 shares during the period. Gladstone Institutional Advisory LLC increased its position in shares of iShares Short Treasury Bond ETF by 12.2% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 4,929 shares of the company’s stock valued at $545,000 after purchasing an additional 537 shares during the last quarter. Finally, Americana Partners LLC raised its position in iShares Short Treasury Bond ETF by 14.2% in the third quarter. Americana Partners LLC now owns 296,331 shares of the company’s stock worth $32,783,000 after acquiring an additional 36,894 shares during the period. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ:SHV traded up $0.05 on Friday, reaching $110.46. 5,488,857 shares of the company traded hands, compared to its average volume of 5,865,799. The business’s 50-day simple moving average is $110.26 and its 200 day simple moving average is $110.32. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.4033 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.