iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Short Interest Down 23.0% in February

iShares U.S. Regional Banks ETF (NYSEARCA:IAT) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 218,114 shares, a decline of 23.0% from the February 12th total of 283,242 shares. Based on an average daily trading volume, of 352,805 shares, the short-interest ratio is presently 0.6 days. Currently, 2.1% of the shares of the company are sold short. Currently, 2.1% of the shares of the company are sold short. Based on an average daily trading volume, of 352,805 shares, the short-interest ratio is presently 0.6 days.

iShares U.S. Regional Banks ETF Stock Down 1.1%

Shares of IAT traded down $0.55 during trading hours on Friday, reaching $51.83. 250,998 shares of the company traded hands, compared to its average volume of 312,910. The business has a fifty day moving average price of $57.84 and a 200-day moving average price of $54.35. iShares U.S. Regional Banks ETF has a 12-month low of $38.30 and a 12-month high of $63.04. The stock has a market capitalization of $541.62 million, a P/E ratio of 12.39 and a beta of 0.96.

Institutional Trading of iShares U.S. Regional Banks ETF

Several large investors have recently added to or reduced their stakes in IAT. Wells Fargo & Company MN raised its stake in shares of iShares U.S. Regional Banks ETF by 3.6% in the fourth quarter. Wells Fargo & Company MN now owns 481,700 shares of the company’s stock worth $26,566,000 after purchasing an additional 16,723 shares during the last quarter. Bank of America Corp DE increased its holdings in iShares U.S. Regional Banks ETF by 7.0% in the 3rd quarter. Bank of America Corp DE now owns 418,007 shares of the company’s stock worth $21,958,000 after buying an additional 27,502 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares U.S. Regional Banks ETF by 4.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 375,804 shares of the company’s stock worth $19,741,000 after buying an additional 15,185 shares during the period. Two Sigma Investments LP raised its position in iShares U.S. Regional Banks ETF by 154.3% during the 3rd quarter. Two Sigma Investments LP now owns 193,000 shares of the company’s stock worth $10,138,000 after buying an additional 117,100 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in iShares U.S. Regional Banks ETF by 11.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 190,762 shares of the company’s stock worth $8,895,000 after buying an additional 19,870 shares during the last quarter.

About iShares U.S. Regional Banks ETF

The iShares U.S. Regional Banks ETF (IAT) is an exchange-traded fund that is based on the DJ US Select \u002F Regional Banks index. The fund tracks the performance of an index of small- and mid-cap regional banks. IAT was launched on May 1, 2006 and is managed by BlackRock.