iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Update

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,270,000 shares, an increase of 101.3% from the October 31st total of 631,000 shares. Based on an average daily volume of 4,337,400 shares, the days-to-cover ratio is currently 0.3 days.

iShares Short Treasury Bond ETF Trading Up 0.0 %

iShares Short Treasury Bond ETF stock traded up $0.02 during mid-day trading on Thursday, hitting $110.46. The stock had a trading volume of 2,100,050 shares, compared to its average volume of 2,972,002. The firm’s 50 day moving average is $110.37 and its 200 day moving average is $110.34. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.4668 dividend. The ex-dividend date was Friday, November 1st. This is a boost from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. This represents a $5.60 dividend on an annualized basis and a yield of 5.07%.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Destination Wealth Management grew its stake in iShares Short Treasury Bond ETF by 0.9% during the third quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after acquiring an additional 100 shares in the last quarter. World Investment Advisors LLC lifted its position in shares of iShares Short Treasury Bond ETF by 4.7% in the third quarter. World Investment Advisors LLC now owns 10,719 shares of the company’s stock worth $1,186,000 after buying an additional 482 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in iShares Short Treasury Bond ETF by 7.1% during the third quarter. Sanctuary Advisors LLC now owns 41,462 shares of the company’s stock valued at $4,578,000 after buying an additional 2,746 shares during the last quarter. Rehmann Capital Advisory Group grew its holdings in iShares Short Treasury Bond ETF by 9.5% during the 3rd quarter. Rehmann Capital Advisory Group now owns 12,150 shares of the company’s stock valued at $1,344,000 after buying an additional 1,055 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 5.9% during the 3rd quarter. TD Private Client Wealth LLC now owns 82,778 shares of the company’s stock worth $9,158,000 after acquiring an additional 4,600 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

About iShares Short Treasury Bond ETF

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.