iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Up 89.9% in December

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,911,001 shares, a growth of 89.9% from the November 30th total of 1,006,283 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 3,014,971 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 3,014,971 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.0% of the shares of the company are sold short.

iShares Short Treasury Bond ETF Trading Up 0.0%

NASDAQ SHV opened at $110.11 on Friday. The business’s fifty day moving average is $110.28 and its 200-day moving average is $110.28. iShares Short Treasury Bond ETF has a one year low of $110.02 and a one year high of $110.51.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3569 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, December 19th.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

Several large investors have recently modified their holdings of SHV. JPL Wealth Management LLC purchased a new position in iShares Short Treasury Bond ETF in the third quarter valued at approximately $26,000. Elevation Point Wealth Partners LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the second quarter valued at $55,000. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Short Treasury Bond ETF in the second quarter valued at $56,000. Highline Wealth Partners LLC lifted its position in shares of iShares Short Treasury Bond ETF by 355.8% during the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock valued at $57,000 after buying an additional 402 shares during the last quarter. Finally, Asset Dedication LLC grew its stake in shares of iShares Short Treasury Bond ETF by 596.0% during the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock worth $77,000 after acquiring an additional 596 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

About iShares Short Treasury Bond ETF

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.