iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Significant Decline in Short Interest

iShares International Treasury Bond ETF (NASDAQ:IGOV) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 309,508 shares, a decrease of 82.3% from the May 31st total of 1,752,805 shares. Based on an average trading volume of 525,662 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.1% of the company’s stock are sold short.

iShares International Treasury Bond ETF Trading Up 0.1%

NASDAQ:IGOV traded up $0.04 during midday trading on Friday, reaching $41.04. The company had a trading volume of 98,126 shares, compared to its average volume of 413,411. The stock’s fifty day simple moving average is $41.54 and its 200-day simple moving average is $41.77. iShares International Treasury Bond ETF has a 12-month low of $40.36 and a 12-month high of $43.39.

Hedge Funds Weigh In On iShares International Treasury Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of IGOV. Columbus Macro LLC lifted its holdings in iShares International Treasury Bond ETF by 38.0% during the 4th quarter. Columbus Macro LLC now owns 66,705 shares of the company’s stock worth $2,779,000 after buying an additional 18,358 shares during the last quarter. Chapman Financial Group LLC acquired a new position in shares of iShares International Treasury Bond ETF during the 3rd quarter worth about $824,000. Aspect Partners LLC purchased a new position in shares of iShares International Treasury Bond ETF in the 4th quarter valued at about $7,963,000. Checchi Capital Advisers LLC increased its holdings in shares of iShares International Treasury Bond ETF by 7.2% in the 4th quarter. Checchi Capital Advisers LLC now owns 617,443 shares of the company’s stock valued at $25,723,000 after acquiring an additional 41,370 shares during the last quarter. Finally, Net Worth Advisory Group raised its position in shares of iShares International Treasury Bond ETF by 244.3% during the 4th quarter. Net Worth Advisory Group now owns 26,722 shares of the company’s stock worth $1,113,000 after acquiring an additional 18,960 shares in the last quarter.

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.