iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR – Get Free Report) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 8,135 shares, a drop of 91.2% from the August 31st total of 92,197 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 316,601 shares, the short-interest ratio is currently 0.0 days.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in MEAR. Centennial Bank AR increased its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 183.6% in the fourth quarter. Centennial Bank AR now owns 1,730 shares of the company’s stock worth $87,000 after purchasing an additional 1,120 shares during the last quarter. Blueline Advisors LLC purchased a new stake in shares of iShares Short Maturity Municipal Bond Active ETF in the fourth quarter worth about $116,000. Friedenthal Financial bought a new position in iShares Short Maturity Municipal Bond Active ETF during the first quarter valued at approximately $134,000. BDFS Capital LLC bought a new position in iShares Short Maturity Municipal Bond Active ETF during the fourth quarter valued at approximately $213,000. Finally, Valmark Advisers Inc. purchased a new position in iShares Short Maturity Municipal Bond Active ETF during the 1st quarter valued at approximately $235,000.
iShares Short Maturity Municipal Bond Active ETF Stock Performance
BATS MEAR traded down $0.08 on Thursday, reaching $49.74. The company had a trading volume of 416,865 shares, compared to its average volume of 184,659. The firm’s 50 day moving average price is $50.13 and its 200 day moving average price is $50.24. iShares Short Maturity Municipal Bond Active ETF has a 12 month low of $49.71 and a 12 month high of $50.79.
iShares Short Maturity Municipal Bond Active ETF Company Profile
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.
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