iShares International Treasury Bond ETF (NASDAQ:IGOV) Stock Short Interest Declines 46.1%

iShares International Treasury Bond ETF (NASDAQ:IGOV) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 13,107 shares, a drop of 46.1% from the September 30th total of 24,297 shares. Based on an average trading volume of 234,599 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of iShares International Treasury Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of iShares International Treasury Bond ETF during the third quarter worth approximately $513,000. Bell Investment Advisors Inc purchased a new stake in shares of iShares International Treasury Bond ETF in the third quarter worth about $134,000. DMC Group LLC raised its position in iShares International Treasury Bond ETF by 0.7% during the third quarter. DMC Group LLC now owns 92,503 shares of the company’s stock valued at $3,679,000 after purchasing an additional 642 shares during the period. Leo Wealth LLC purchased a new position in shares of iShares International Treasury Bond ETF during the 3rd quarter worth about $1,131,000. Finally, Evergreen Capital Management LLC purchased a new position in iShares International Treasury Bond ETF during the 3rd quarter valued at $590,000.

iShares International Treasury Bond ETF Price Performance

Shares of NASDAQ:IGOV traded up $0.10 during midday trading on Friday, hitting $40.22. The stock had a trading volume of 60,404 shares, compared to its average volume of 353,347. iShares International Treasury Bond ETF has a 12 month low of $39.44 and a 12 month high of $43.12. The business’s 50-day simple moving average is $40.43 and its 200-day simple moving average is $41.28.

iShares International Treasury Bond ETF Company Profile

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.