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

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,600,000 shares, a growth of 89.0% from the December 15th total of 846,500 shares. Based on an average daily volume of 3,597,900 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares Short Treasury Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SHV. Seven Post Investment Office LP lifted its stake in iShares Short Treasury Bond ETF by 5.5% during the fourth quarter. Seven Post Investment Office LP now owns 165,614 shares of the company’s stock worth $18,236,000 after purchasing an additional 8,635 shares during the period. Central Bank & Trust Co. raised its stake in shares of iShares Short Treasury Bond ETF by 7.0% in the fourth quarter. Central Bank & Trust Co. now owns 7,041 shares of the company’s stock worth $775,000 after acquiring an additional 463 shares during the last quarter. True Link Financial Advisors LLC lifted its holdings in iShares Short Treasury Bond ETF by 6.3% during the 4th quarter. True Link Financial Advisors LLC now owns 551,299 shares of the company’s stock worth $60,704,000 after buying an additional 32,862 shares in the last quarter. Wooster Corthell Wealth Management Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 2.8% during the fourth quarter. Wooster Corthell Wealth Management Inc. now owns 15,803 shares of the company’s stock valued at $1,740,000 after acquiring an additional 436 shares during the period. Finally, GenWealth Group Inc. lifted its holdings in iShares Short Treasury Bond ETF by 4.8% in the fourth quarter. GenWealth Group Inc. now owns 10,405 shares of the company’s stock valued at $1,146,000 after buying an additional 477 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

SHV traded up $0.01 during midday trading on Thursday, reaching $110.29. The company’s stock had a trading volume of 9,541,233 shares, compared to its average volume of 5,928,841. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64. The company has a fifty day simple moving average of $110.22 and a 200 day simple moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.4268 dividend. This represents a $5.12 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date was Wednesday, December 18th.

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.