iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Short Interest Update

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 11,947 shares, a decline of 82.9% from the May 14th total of 69,963 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 175,867 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Captrust Financial Advisors lifted its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 115.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,258,796 shares of the company’s stock worth $63,582,000 after buying an additional 674,207 shares during the period. Bank of New York Mellon Corp increased its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 725.3% during the first quarter. Bank of New York Mellon Corp now owns 428,835 shares of the company’s stock valued at $21,588,000 after buying an additional 376,871 shares during the period. Resonant Capital Advisors LLC raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 21.4% in the first quarter. Resonant Capital Advisors LLC now owns 1,666,710 shares of the company’s stock valued at $83,902,000 after acquiring an additional 293,492 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 138.2% in the fourth quarter. Cetera Investment Advisers now owns 485,302 shares of the company’s stock valued at $24,420,000 after acquiring an additional 281,524 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in iShares Short Maturity Municipal Bond Active ETF by 20.9% in the first quarter. Bank of America Corp DE now owns 1,418,879 shares of the company’s stock worth $71,426,000 after acquiring an additional 245,078 shares during the period.

iShares Short Maturity Municipal Bond Active ETF Stock Down 0.0%

Shares of BATS:MEAR opened at $50.27 on Thursday. The firm’s 50 day simple moving average is $50.29 and its 200-day simple moving average is $50.37. iShares Short Maturity Municipal Bond Active ETF has a one year low of $50.06 and a one year high of $50.79.

About iShares Short Maturity Municipal Bond Active ETF

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less. MEAR was launched on Mar 3, 2015 and is managed by BlackRock.