iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Large Decrease in Short Interest

iShares Short Treasury Bond ETF (NASDAQ:SHV) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 465,600 shares, a decrease of 32.6% from the August 15th total of 690,400 shares. Based on an average trading volume of 2,854,300 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares Short Treasury Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SHV. Crewe Advisors LLC acquired a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter worth about $27,000. J.Safra Asset Management Corp lifted its position in iShares Short Treasury Bond ETF by 78.6% during the 1st quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares in the last quarter. Cape Investment Advisory Inc. purchased a new position in iShares Short Treasury Bond ETF in the 4th quarter worth approximately $30,000. Rothschild Investment LLC purchased a new position in iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $40,000. Finally, Benjamin F. Edwards & Company Inc. acquired a new stake in iShares Short Treasury Bond ETF in the second quarter valued at approximately $43,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ SHV traded up $0.03 during trading on Monday, hitting $110.40. 1,192,462 shares of the company traded hands, compared to its average volume of 2,537,174. The company has a 50-day moving average price of $110.34 and a 200-day moving average price of $110.30. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.61.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.4755 dividend. The ex-dividend date was Tuesday, September 3rd.

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.