iShares Short Treasury Bond ETF (NYSE:SHV) Stock Short Interest Report for October

iShares Short Treasury Bond ETF (NYSE:SHV) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 2,169,706 shares, a drop of 64.0% from the September 30th total of 6,019,659 shares. Based on an average trading volume of 3,677,629 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.0% of the company’s stock are short sold.

Institutional Trading of iShares Short Treasury Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Wealthfront Advisers LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 26.6% during the first 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 last quarter. Royal Bank of Canada increased its position 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 valued at $151,197,000 after acquiring an additional 477,064 shares in the last quarter. Townsend & Associates Inc raised its holdings in iShares Short Treasury Bond ETF by 1.7% in the 3rd quarter. Townsend & Associates Inc now owns 675,862 shares of the company’s stock worth $74,514,000 after acquiring an additional 11,422 shares during the last quarter. Oakworth Capital Inc. raised its holdings in iShares Short Treasury Bond ETF by 2.7% in the 3rd quarter. Oakworth Capital Inc. now owns 626,853 shares of the company’s stock worth $69,154,000 after acquiring an additional 16,272 shares during the last quarter. Finally, Able Wealth Management LLC raised its holdings in iShares Short Treasury Bond ETF by 3.8% in the 1st quarter. Able Wealth Management LLC now owns 384,120 shares of the company’s stock worth $42,403,000 after acquiring an additional 13,941 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV traded up $0.02 during trading hours on Thursday, hitting $110.39. The company had a trading volume of 2,639,517 shares, compared to its average volume of 3,026,967. The firm has a fifty day moving average price of $110.22 and a 200-day moving average price of $110.23. iShares Short Treasury Bond ETF has a 52-week low of $109.86 and a 52-week high of $110.50.

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.