iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Short Interest Update

iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 31,086 shares, a decrease of 86.1% from the May 14th total of 224,361 shares. Based on an average daily volume of 1,442,151 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares Treasury Floating Rate Bond ETF

Several institutional investors have recently bought and sold shares of the company. Atria Investments Inc increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 5.1% in the third quarter. Atria Investments Inc now owns 227,935 shares of the company’s stock worth $11,531,000 after purchasing an additional 11,010 shares during the period. J2 Capital Management Inc increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 8.2% in the fourth quarter. J2 Capital Management Inc now owns 268,747 shares of the company’s stock worth $13,561,000 after purchasing an additional 20,357 shares during the period. Elevation Capital Advisory LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter worth $6,563,000. Arta Finance Wealth Management LLC bought a new position in shares of iShares Treasury Floating Rate Bond ETF in the fourth quarter worth $13,930,000. Finally, Glenview Trust Co increased its holdings in shares of iShares Treasury Floating Rate Bond ETF by 345.7% in the third quarter. Glenview Trust Co now owns 105,962 shares of the company’s stock worth $5,361,000 after purchasing an additional 82,188 shares during the period.

iShares Treasury Floating Rate Bond ETF Stock Performance

iShares Treasury Floating Rate Bond ETF stock remained flat at $50.54 during trading on Wednesday. The company had a trading volume of 1,629,122 shares, compared to its average volume of 1,673,212. iShares Treasury Floating Rate Bond ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.66. The company’s 50-day moving average price is $50.56 and its 200 day moving average price is $50.54.

About iShares Treasury Floating Rate Bond ETF

The iShares Treasury Floating Rate Bond ETF (TFLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The iShares Treasury Floating Rate Bond ETF seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds. TFLO was launched on Feb 3, 2014 and is managed by BlackRock.