iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Sees Significant Increase in Short Interest

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 17,573 shares, a growth of 890.0% from the April 15th total of 1,775 shares. Based on an average daily volume of 107,312 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares Short Maturity Municipal Bond Active ETF

Large investors have recently bought and sold shares of the company. Captrust Financial Advisors increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 115.3% during the third quarter. Captrust Financial Advisors now owns 1,258,796 shares of the company’s stock worth $63,582,000 after acquiring an additional 674,207 shares in the last quarter. Aprio Wealth Management LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 35.2% during the third quarter. Aprio Wealth Management LLC now owns 40,268 shares of the company’s stock worth $2,034,000 after acquiring an additional 10,481 shares in the last quarter. Savant Capital LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 16.0% during the third quarter. Savant Capital LLC now owns 146,595 shares of the company’s stock worth $7,405,000 after acquiring an additional 20,213 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 14.2% during the third quarter. JPMorgan Chase & Co. now owns 331,557 shares of the company’s stock worth $16,747,000 after acquiring an additional 41,148 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 19.1% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 66,211 shares of the company’s stock worth $3,332,000 after acquiring an additional 10,626 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of BATS:MEAR opened at $50.27 on Thursday. iShares Short Maturity Municipal Bond Active ETF has a 52 week low of $50.00 and a 52 week high of $50.79. The company has a 50 day moving average price of $50.34 and a two-hundred day moving average price of $50.38.

iShares Short Maturity Municipal Bond Active ETF Company Profile

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less. MEAR was launched on Mar 3, 2015 and is managed by BlackRock.