Short-Term Bond ETF (BATS:STBF – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 30,806 shares, a growth of 87.2% from the June 30th total of 16,460 shares. Currently, 4.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,818 shares, the days-to-cover ratio is currently 2.1 days.
Short-Term Bond ETF Price Performance
Shares of BATS STBF opened at $25.19 on Friday. Short-Term Bond ETF has a 52 week low of $25.15 and a 52 week high of $25.60. The company’s 50-day moving average price is $25.30 and its 200 day moving average price is $25.37.
Institutional Trading of Short-Term Bond ETF
An institutional investor recently raised its position in Short-Term Bond ETF stock. Rothschild Investment LLC lifted its holdings in shares of Short-Term Bond ETF (BATS:STBF – Free Report) by 528.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 170,838 shares of the company’s stock after purchasing an additional 143,656 shares during the period. Rothschild Investment LLC owned about 13.56% of Short-Term Bond ETF worth $4,332,000 as of its most recent SEC filing.
About Short-Term Bond ETF
The Performance Trust Short Term Bond ETF (STBF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a diversified portfolio of short-term bonds, tilting towards investment-grade credit. The fund utilizes a value-oriented strategy, seeking total return from income and capital preservation. STBF was launched on Apr 9, 2024 and is issued by Performance Trust.
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