iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Update

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 846,500 shares, a decrease of 17.0% from the November 30th total of 1,020,000 shares. Based on an average daily volume of 4,034,200 shares, the days-to-cover ratio is presently 0.2 days.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of SHV traded up $0.03 during trading hours on Friday, reaching $110.07. 3,037,286 shares of the company traded hands, compared to its average volume of 2,944,598. The stock’s fifty day moving average is $110.27 and its 200 day moving average is $110.32. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.4268 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 annualized dividend and a yield of 4.65%.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp boosted its holdings in iShares Short Treasury Bond ETF by 18.7% during the second quarter. Bank of New York Mellon Corp now owns 12,979 shares of the company’s stock valued at $1,434,000 after purchasing an additional 2,042 shares in the last quarter. Principal Financial Group Inc. raised its stake in iShares Short Treasury Bond ETF by 78.9% during the second quarter. Principal Financial Group Inc. now owns 19,440 shares of the company’s stock worth $2,148,000 after acquiring an additional 8,575 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 5.0% during the second quarter. Signaturefd LLC now owns 2,794 shares of the company’s stock valued at $309,000 after acquiring an additional 133 shares during the period. International Assets Investment Management LLC bought a new position in shares of iShares Short Treasury Bond ETF during the second quarter valued at $186,000. Finally, Rothschild Investment LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $40,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Company Profile

iShares Short Treasury Bond ETF (the Fund), formerly iShares Barclays Short Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the Barclays Capital U.S. Short Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of between 1 and 12 months.