iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Significant Increase in Short Interest

iShares International Treasury Bond ETF (NASDAQ:IGOV) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,752,805 shares, a growth of 479.3% from the May 14th total of 302,591 shares. Currently, 6.3% of the shares of the company are sold short. Based on an average daily trading volume, of 485,002 shares, the days-to-cover ratio is currently 3.6 days.

Institutional Investors Weigh In On iShares International Treasury Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Columbus Macro LLC boosted its holdings in iShares International Treasury Bond ETF by 38.0% in the 4th quarter. Columbus Macro LLC now owns 66,705 shares of the company’s stock worth $2,779,000 after buying an additional 18,358 shares during the period. Chapman Financial Group LLC bought a new stake in shares of iShares International Treasury Bond ETF during the third quarter valued at about $824,000. Aspect Partners LLC bought a new stake in shares of iShares International Treasury Bond ETF during the fourth quarter valued at about $7,963,000. Checchi Capital Advisers LLC increased its position in shares of iShares International Treasury Bond ETF by 7.2% during the fourth quarter. Checchi Capital Advisers LLC now owns 617,443 shares of the company’s stock valued at $25,723,000 after buying an additional 41,370 shares during the period. Finally, Net Worth Advisory Group increased its position in shares of iShares International Treasury Bond ETF by 244.3% during the fourth quarter. Net Worth Advisory Group now owns 26,722 shares of the company’s stock valued at $1,113,000 after buying an additional 18,960 shares during the period.

iShares International Treasury Bond ETF Trading Down 0.2%

iShares International Treasury Bond ETF stock traded down $0.08 during midday trading on Wednesday, reaching $41.07. The stock had a trading volume of 249,771 shares, compared to its average volume of 435,524. iShares International Treasury Bond ETF has a 12 month low of $40.36 and a 12 month high of $43.39. The firm’s 50-day moving average price is $41.57 and its 200 day moving average price is $41.84.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.