iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Shares Shorted: Short Interest Up 2,249.0% in September

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 191,092 shares, an increase of 2,249.0% from the September 15th total of 8,135 shares. Based on an average daily trading volume, of 407,456 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.9% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Capital Advisors Wealth Management LLC acquired a new stake in iShares Short Maturity Municipal Bond Active ETF during the third quarter worth approximately $1,159,000. Farther Finance Advisors LLC bought a new stake in iShares Short Maturity Municipal Bond Active ETF in the third quarter worth approximately $439,000. Titleist Asset Management LLC acquired a new position in iShares Short Maturity Municipal Bond Active ETF in the third quarter valued at approximately $2,650,000. Valeo Financial Advisors LLC acquired a new position in iShares Short Maturity Municipal Bond Active ETF in the third quarter valued at approximately $1,398,000. Finally, Fig Financial Advisory Services Inc. ADV bought a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 3rd quarter worth approximately $250,000.

iShares Short Maturity Municipal Bond Active ETF Price Performance

MEAR stock traded up $0.05 during midday trading on Friday, hitting $49.68. The stock had a trading volume of 483,173 shares, compared to its average volume of 198,393. iShares Short Maturity Municipal Bond Active ETF has a 1-year low of $49.48 and a 1-year high of $50.79. The business has a fifty day moving average price of $50.00 and a two-hundred day moving average price of $50.18.

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.