iShares Short Duration Bond Active ETF (BATS:NEAR) Sees Large Growth in Short Interest

iShares Short Duration Bond Active ETF (BATS:NEAR) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 361,796 shares, a growth of 94.3% from the June 15th total of 186,160 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 611,637 shares, the short-interest ratio is presently 0.6 days.

iShares Short Duration Bond Active ETF Price Performance

Shares of NEAR opened at $50.53 on Friday. iShares Short Duration Bond Active ETF has a fifty-two week low of $50.43 and a fifty-two week high of $51.37. The firm’s 50 day moving average price is $50.60 and its 200 day moving average price is $50.86.

Hedge Funds Weigh In On iShares Short Duration Bond Active ETF

Several institutional investors have recently modified their holdings of the business. Investment Advisory Group LLC raised its stake in shares of iShares Short Duration Bond Active ETF by 1.1% in the fourth quarter. Investment Advisory Group LLC now owns 18,053 shares of the company’s stock valued at $923,000 after acquiring an additional 200 shares in the last quarter. Fortis Advisors LLC grew its stake in iShares Short Duration Bond Active ETF by 1.6% during the 4th quarter. Fortis Advisors LLC now owns 14,489 shares of the company’s stock worth $740,000 after purchasing an additional 226 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in iShares Short Duration Bond Active ETF by 11.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,293 shares of the company’s stock worth $117,000 after purchasing an additional 231 shares during the period. Lane Brothers & Co. Inc. increased its holdings in iShares Short Duration Bond Active ETF by 1.5% during the 1st quarter. Lane Brothers & Co. Inc. now owns 17,676 shares of the company’s stock worth $899,000 after purchasing an additional 260 shares during the period. Finally, AdvisorNet Financial Inc raised its position in iShares Short Duration Bond Active ETF by 10.5% in the 1st quarter. AdvisorNet Financial Inc now owns 3,238 shares of the company’s stock valued at $165,000 after purchasing an additional 308 shares in the last quarter.

iShares Short Duration Bond Active ETF Company Profile

The iShares Short Maturity Bond ETF (NEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to maximize income and preserve capital using very short maturity, USD-denominated global fixed income securities in an actively-managed fund. NEAR was launched on Sep 25, 2013 and is managed by BlackRock.