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

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 846,500 shares, a decrease of 17.0% from the November 30th total of 1,020,000 shares. Based on an average daily trading volume, of 4,034,200 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On iShares Short Treasury Bond ETF

Large investors have recently bought and sold shares of the stock. Rothschild Investment LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth $40,000. Benjamin F. Edwards & Company Inc. purchased a new stake in iShares Short Treasury Bond ETF during the second quarter valued at about $43,000. MidAtlantic Capital Management Inc. purchased a new stake in iShares Short Treasury Bond ETF during the third quarter valued at about $48,000. Glass Jacobson Investment Advisors llc increased its stake in iShares Short Treasury Bond ETF by 55.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after acquiring an additional 162 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 1,323.5% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after purchasing an additional 450 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of NASDAQ SHV traded up $0.02 on Tuesday, reaching $110.12. 1,846,385 shares of the company traded hands, compared to its average volume of 2,941,670. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64. The company has a 50 day moving average of $110.27 and a 200 day moving average of $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.4268 per share. This represents a $5.12 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.