iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Significant Growth in Short Interest

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,911,001 shares, a growth of 89.9% from the November 30th total of 1,006,283 shares. Based on an average trading volume of 3,014,971 shares, the short-interest ratio is presently 0.6 days. Approximately 1.0% of the shares of the company are short sold. Approximately 1.0% of the shares of the company are short sold. Based on an average trading volume of 3,014,971 shares, the short-interest ratio is presently 0.6 days.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ:SHV opened at $110.11 on Friday. The company has a 50-day moving average price of $110.28 and a two-hundred day moving average price of $110.28. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.51.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.3569 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 3.9%.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of SHV. Bank of America Corp DE boosted its holdings in shares of iShares Short Treasury Bond ETF by 0.7% in the third quarter. Bank of America Corp DE now owns 3,195,036 shares of the company’s stock worth $353,020,000 after acquiring an additional 22,622 shares during the period. UBS Group AG raised its stake in shares of iShares Short Treasury Bond ETF by 11.3% during the 3rd quarter. UBS Group AG now owns 2,154,863 shares of the company’s stock valued at $238,091,000 after purchasing an additional 219,146 shares during the period. Wealthfront Advisers LLC lifted its holdings in iShares Short Treasury Bond ETF by 10.0% during the 3rd quarter. Wealthfront Advisers LLC now owns 1,960,677 shares of the company’s stock worth $216,635,000 after purchasing an additional 177,915 shares in the last quarter. Raymond James Financial Inc. boosted its stake in iShares Short Treasury Bond ETF by 11.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock worth $174,043,000 after purchasing an additional 160,138 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in iShares Short Treasury Bond ETF by 1.8% in the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,544,694 shares of the company’s stock worth $170,000,000 after purchasing an additional 26,689 shares during the period. Institutional investors own 7.10% of the company’s stock.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.