iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Down 39.5% in March

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 1,120,000 shares, a decline of 39.5% from the February 28th total of 1,850,000 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 6,246,300 shares, the short-interest ratio is presently 0.2 days.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of iShares Short Treasury Bond ETF stock traded up $0.03 during trading hours on Friday, reaching $110.45. 9,131,358 shares of the company were exchanged, compared to its average volume of 6,850,299. The stock’s fifty day moving average is $110.30 and its 200 day moving average is $110.30. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.3579 dividend. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On iShares Short Treasury Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Thrivent Financial for Lutherans lifted its stake in iShares Short Treasury Bond ETF by 39.1% in the third quarter. Thrivent Financial for Lutherans now owns 5,906 shares of the company’s stock worth $654,000 after acquiring an additional 1,660 shares during the last quarter. Bank of Montreal Can lifted its position in shares of iShares Short Treasury Bond ETF by 6.2% during the 3rd quarter. Bank of Montreal Can now owns 44,790 shares of the company’s stock worth $4,955,000 after purchasing an additional 2,598 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of iShares Short Treasury Bond ETF by 8.8% during the third quarter. The Manufacturers Life Insurance Company now owns 126,443 shares of the company’s stock worth $13,988,000 after purchasing an additional 10,182 shares in the last quarter. FMR LLC grew its stake in shares of iShares Short Treasury Bond ETF by 337.6% during the third quarter. FMR LLC now owns 2,069,990 shares of the company’s stock worth $229,003,000 after purchasing an additional 1,596,924 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its holdings in iShares Short Treasury Bond ETF by 0.8% in the third quarter. Rockefeller Capital Management L.P. now owns 366,381 shares of the company’s stock valued at $40,533,000 after buying an additional 2,992 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Company Profile

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.