Short Interest in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Decreases By 25.9%

iShares U.S. Regional Banks ETF (NYSEARCA:IAT) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 135,542 shares, a decline of 25.9% from the March 15th total of 182,981 shares. Based on an average trading volume of 528,971 shares, the short-interest ratio is currently 0.3 days. Currently, 1.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth about $25,000. Headlands Technologies LLC bought a new stake in shares of iShares U.S. Regional Banks ETF during the second quarter worth about $25,000. Register Financial Advisors LLC bought a new stake in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth about $39,000. Kestra Advisory Services LLC bought a new stake in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth about $41,000. Finally, SHP Wealth Management bought a new stake in shares of iShares U.S. Regional Banks ETF during the fourth quarter worth about $43,000.

iShares U.S. Regional Banks ETF Trading Up 0.1%

iShares U.S. Regional Banks ETF stock traded up $0.05 during midday trading on Wednesday, reaching $57.70. The company’s stock had a trading volume of 492,303 shares, compared to its average volume of 352,423. iShares U.S. Regional Banks ETF has a 52 week low of $40.53 and a 52 week high of $63.04. The business has a 50-day moving average price of $56.28 and a 200-day moving average price of $54.48. The stock has a market cap of $605.85 million, a PE ratio of 12.39 and a beta of 0.91.

iShares U.S. Regional Banks ETF Company Profile

The iShares U.S. Regional Banks ETF (IAT) is an exchange-traded fund that is based on the DJ US Select \u002F Regional Banks index. The fund tracks the performance of an index of small- and mid-cap regional banks. IAT was launched on May 1, 2006 and is managed by BlackRock.