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

iShares Short Duration Bond Active ETF (BATS:NEAR) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 926,450 shares, an increase of 321.4% from the September 30th total of 219,868 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 894,405 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On iShares Short Duration Bond Active ETF

Institutional investors have recently modified their holdings of the company. Elevate Wealth Advisory Inc. grew its stake in iShares Short Duration Bond Active ETF by 134.4% in the 3rd quarter. Elevate Wealth Advisory Inc. now owns 33,973 shares of the company’s stock valued at $1,694,000 after acquiring an additional 19,481 shares during the last quarter. Landaas & Co. WI ADV raised its position in iShares Short Duration Bond Active ETF by 78.8% during the third quarter. Landaas & Co. WI ADV now owns 106,882 shares of the company’s stock worth $5,329,000 after acquiring an additional 47,114 shares during the last quarter. Vise Technologies Inc. lifted its holdings in shares of iShares Short Duration Bond Active ETF by 8.4% in the third quarter. Vise Technologies Inc. now owns 46,924 shares of the company’s stock valued at $2,340,000 after purchasing an additional 3,624 shares in the last quarter. MGO One Seven LLC lifted its holdings in shares of iShares Short Duration Bond Active ETF by 38.4% in the third quarter. MGO One Seven LLC now owns 39,133 shares of the company’s stock valued at $1,951,000 after purchasing an additional 10,864 shares in the last quarter. Finally, Americana Partners LLC grew its position in shares of iShares Short Duration Bond Active ETF by 0.5% in the third quarter. Americana Partners LLC now owns 1,188,172 shares of the company’s stock valued at $59,242,000 after purchasing an additional 5,985 shares during the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

Shares of NEAR opened at $50.09 on Friday. iShares Short Duration Bond Active ETF has a twelve month low of $49.68 and a twelve month high of $51.37. The firm’s 50-day moving average is $50.11 and its two-hundred day moving average is $50.61.

About iShares Short Duration Bond Active ETF

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.