iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Short Interest Up 571.9% in June

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 80,267 shares, an increase of 571.9% from the May 31st total of 11,947 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 197,452 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. lifted its stake in shares of iShares Short Maturity Municipal Bond Active ETF by 2.0% in the first quarter. PNC Financial Services Group Inc. now owns 12,062 shares of the company’s stock valued at $607,000 after buying an additional 240 shares in the last quarter. Advisory Services Network LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 4.2% during the third quarter. Advisory Services Network LLC now owns 8,485 shares of the company’s stock worth $429,000 after acquiring an additional 339 shares in the last quarter. Meeder Advisory Services Inc. raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 0.9% in the 4th quarter. Meeder Advisory Services Inc. now owns 43,057 shares of the company’s stock worth $2,167,000 after acquiring an additional 380 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in iShares Short Maturity Municipal Bond Active ETF by 0.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 53,536 shares of the company’s stock valued at $2,693,000 after acquiring an additional 388 shares in the last quarter. Finally, Centennial Bank AR lifted its position in iShares Short Maturity Municipal Bond Active ETF by 23.6% in the 1st quarter. Centennial Bank AR now owns 2,139 shares of the company’s stock valued at $108,000 after acquiring an additional 409 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Stock Up 0.0%

Shares of BATS:MEAR opened at $50.38 on Friday. iShares Short Maturity Municipal Bond Active ETF has a twelve month low of $50.12 and a twelve month high of $50.79. The stock’s 50 day moving average is $50.29 and its 200-day moving average is $50.36.

About iShares Short Maturity Municipal Bond Active ETF

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less. MEAR was launched on Mar 3, 2015 and is managed by BlackRock.