iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Short Interest Update

iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 31,086 shares, a decline of 86.1% from the May 14th total of 224,361 shares. Based on an average daily trading volume, of 1,442,151 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of iShares Treasury Floating Rate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $32,000. Core Wealth Advisors LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $53,000. Strive Financial Group LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $55,000. Chapman Financial Group LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 2nd quarter worth approximately $59,000. Finally, Optima Capital LLC purchased a new position in shares of iShares Treasury Floating Rate Bond ETF in the 4th quarter worth approximately $62,000.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock remained flat at $50.54 during midday trading on Wednesday. The company had a trading volume of 1,629,122 shares, compared to its average volume of 1,673,212. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.39 and a twelve month high of $50.66. The business has a 50 day moving average price of $50.56 and a two-hundred day moving average price of $50.54.

iShares Treasury Floating Rate Bond ETF Company Profile

The iShares Treasury Floating Rate Bond ETF (TFLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The iShares Treasury Floating Rate Bond ETF seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds. TFLO was launched on Feb 3, 2014 and is managed by BlackRock.