iShares Short Treasury Bond ETF (NYSE:SHV) Shares Shorted: Short Interest Down 64.0% in October

iShares Short Treasury Bond ETF (NYSE:SHV) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,169,706 shares, a decrease of 64.0% from the September 30th total of 6,019,659 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 3,677,629 shares, the short-interest ratio is currently 0.6 days.

iShares Short Treasury Bond ETF Price Performance

NYSE SHV traded up $0.05 during mid-day trading on Friday, reaching $110.44. 4,961,341 shares of the company’s stock traded hands, compared to its average volume of 3,036,369. iShares Short Treasury Bond ETF has a 1-year low of $109.86 and a 1-year high of $110.50. The company has a fifty day simple moving average of $110.23 and a 200-day simple moving average of $110.24.

Hedge Funds Weigh In On iShares Short Treasury Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of New Hampshire purchased a new stake in shares of iShares Short Treasury Bond ETF during the third quarter worth $28,000. Mather Group LLC. boosted its position in iShares Short Treasury Bond ETF by 2,536.4% during the third quarter. Mather Group LLC. now owns 290 shares of the company’s stock valued at $32,000 after purchasing an additional 279 shares during the last quarter. Evergreen Advisors LLC purchased a new position in iShares Short Treasury Bond ETF in the first quarter valued at about $43,000. Latitude Advisors LLC purchased a new position in iShares Short Treasury Bond ETF in the third quarter valued at about $44,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in iShares Short Treasury Bond ETF in the second quarter valued at about $58,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Company Profile

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.