iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Large Growth in Short Interest

iShares International Treasury Bond ETF (NASDAQ:IGOV) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 313,797 shares, a growth of 12.9% from the March 31st total of 277,916 shares. Based on an average daily trading volume, of 288,910 shares, the short-interest ratio is currently 1.1 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Fifth Third Bancorp bought a new stake in iShares International Treasury Bond ETF in the 1st quarter valued at about $271,000. DMC Group LLC lifted its position in iShares International Treasury Bond ETF by 10.7% in the 1st quarter. DMC Group LLC now owns 85,469 shares of the company’s stock valued at $3,509,000 after purchasing an additional 8,259 shares during the last quarter. World Investment Advisors lifted its position in iShares International Treasury Bond ETF by 46.6% in the 1st quarter. World Investment Advisors now owns 113,837 shares of the company’s stock valued at $4,674,000 after purchasing an additional 36,200 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in iShares International Treasury Bond ETF by 108.3% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 319,386 shares of the company’s stock valued at $13,114,000 after purchasing an additional 166,083 shares during the last quarter. Finally, OLD National Bancorp IN lifted its position in iShares International Treasury Bond ETF by 7.0% in the 1st quarter. OLD National Bancorp IN now owns 76,478 shares of the company’s stock valued at $3,140,000 after purchasing an additional 4,972 shares during the last quarter.

iShares International Treasury Bond ETF Stock Down 0.1%

NASDAQ IGOV opened at $41.82 on Friday. iShares International Treasury Bond ETF has a one year low of $40.36 and a one year high of $43.39. The company has a 50-day simple moving average of $41.65 and a 200-day simple moving average of $41.97.

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.