iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Down 19.7% in November

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 1,020,000 shares, a drop of 19.7% from the November 15th total of 1,270,000 shares. Based on an average daily trading volume, of 4,124,000 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of iShares Short Treasury Bond ETF

Several large investors have recently modified their holdings of the stock. FMR LLC increased its position in iShares Short Treasury Bond ETF by 337.6% in the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after buying an additional 1,596,924 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 4.7% in the 2nd quarter. LPL Financial LLC now owns 1,785,274 shares of the company’s stock worth $197,273,000 after purchasing an additional 80,700 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares Short Treasury Bond ETF by 6.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,583,675 shares of the company’s stock valued at $174,996,000 after purchasing an additional 99,530 shares during the period. Divergent Wealth Advisors increased its stake in iShares Short Treasury Bond ETF by 5.5% during the 3rd quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock valued at $127,976,000 after purchasing an additional 60,638 shares in the last quarter. Finally, Anchor Capital Advisors LLC raised its holdings in iShares Short Treasury Bond ETF by 116.1% during the second quarter. Anchor Capital Advisors LLC now owns 971,521 shares of the company’s stock worth $107,353,000 after buying an additional 521,879 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock traded up $0.03 during midday trading on Monday, reaching $110.33. The company had a trading volume of 2,237,064 shares, compared to its average volume of 2,944,125. The stock has a fifty day moving average price of $110.33 and a 200 day moving average price of $110.33. iShares Short Treasury Bond ETF has a fifty-two week low of $109.87 and a fifty-two week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were paid a dividend of $0.416 per share. The ex-dividend date of this dividend was Monday, December 2nd.

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.