iShares Short Treasury Bond ETF (NYSE:SHV) Shares Shorted: Short Interest Up 170.7% in September

iShares Short Treasury Bond ETF (NYSE:SHV) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 6,019,659 shares, an increase of 170.7% from the September 15th total of 2,223,877 shares. Based on an average trading volume of 4,634,515 shares, the short-interest ratio is presently 1.3 days. Approximately 2.8% of the shares of the company are sold short.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV stock remained flat at $110.17 during mid-day trading on Monday. The company’s stock had a trading volume of 1,758,671 shares, compared to its average volume of 2,937,987. The firm’s 50-day moving average price is $110.19 and its two-hundred day moving average price is $110.22. iShares Short Treasury Bond ETF has a 12 month low of $109.86 and a 12 month high of $110.50.

Institutional Trading of iShares Short Treasury Bond ETF

Large investors have recently made changes to their positions in the company. Royal Bank of Canada grew its holdings in shares of iShares Short Treasury Bond ETF by 53.4% during the first quarter. Royal Bank of Canada now owns 1,369,661 shares of the company’s stock worth $151,197,000 after buying an additional 477,064 shares in the last quarter. Wealthfront Advisers LLC grew its stake in shares of iShares Short Treasury Bond ETF by 26.6% during the 1st quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock valued at $226,083,000 after buying an additional 430,574 shares during the period. Norris Financial Group LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter worth $19,781,000. Fifth Third Bancorp increased its holdings in shares of iShares Short Treasury Bond ETF by 36,334.0% during the 1st quarter. Fifth Third Bancorp now owns 175,976 shares of the company’s stock worth $19,426,000 after buying an additional 175,493 shares during the last quarter. Finally, Highland Investment Advisors LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter worth $17,899,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Company Profile

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.