Short Interest in iShares International Treasury Bond ETF (NASDAQ:IGOV) Declines By 47.7%

iShares International Treasury Bond ETF (NASDAQ:IGOV) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 305,873 shares, a decline of 47.7% from the January 15th total of 585,242 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily trading volume, of 381,508 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 381,508 shares, the short-interest ratio is currently 0.8 days. Approximately 1.2% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares International Treasury Bond ETF

A number of institutional investors have recently bought and sold shares of IGOV. JPMorgan Chase & Co. raised its stake in iShares International Treasury Bond ETF by 16,296.4% during the second quarter. JPMorgan Chase & Co. now owns 5,648,399 shares of the company’s stock worth $243,446,000 after purchasing an additional 5,613,950 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares International Treasury Bond ETF during the 2nd quarter worth $12,763,000. Creative Planning increased its holdings in shares of iShares International Treasury Bond ETF by 30.2% during the 2nd quarter. Creative Planning now owns 1,105,025 shares of the company’s stock worth $47,627,000 after buying an additional 256,315 shares during the last quarter. Bank of America Corp DE raised its position in shares of iShares International Treasury Bond ETF by 431.0% in the 2nd quarter. Bank of America Corp DE now owns 273,417 shares of the company’s stock worth $11,784,000 after buying an additional 221,929 shares during the period. Finally, Aspect Partners LLC acquired a new position in iShares International Treasury Bond ETF in the fourth quarter valued at $7,963,000.

iShares International Treasury Bond ETF Price Performance

Shares of IGOV stock traded down $0.01 during mid-day trading on Thursday, hitting $42.85. 125,714 shares of the company’s stock were exchanged, compared to its average volume of 329,116. iShares International Treasury Bond ETF has a fifty-two week low of $38.59 and a fifty-two week high of $43.39. The stock has a 50-day simple moving average of $42.00 and a two-hundred day simple moving average of $42.19.

iShares International Treasury Bond ETF Increases Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.587 dividend. This is a positive change from iShares International Treasury Bond ETF’s previous annual dividend of $0.23. The ex-dividend date was Friday, December 19th. This represents a yield of 142.0%.

About iShares International Treasury Bond ETF

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.