iShares Short Treasury Bond ETF (NASDAQ:SHV) Short Interest Up 89.0% in December

iShares Short Treasury Bond ETF (NASDAQ:SHV) was the target of a large growth in short interest in 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 trading volume of 3,597,900 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

A number of hedge funds have recently modified their holdings of SHV. Trilogy Capital Inc. increased its holdings in iShares Short Treasury Bond ETF by 1.5% during the 3rd quarter. Trilogy Capital Inc. now owns 6,326 shares of the company’s stock worth $700,000 after purchasing an additional 92 shares in the last quarter. Fortis Advisors LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 1.3% in the 3rd quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock valued at $856,000 after buying an additional 99 shares during the last quarter. Destination Wealth Management grew its position in shares of iShares Short Treasury Bond ETF by 0.9% in the 3rd quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after acquiring an additional 100 shares during the period. KWB Wealth grew its holdings in iShares Short Treasury Bond ETF by 1.3% during the third quarter. KWB Wealth now owns 8,421 shares of the company’s stock worth $931,000 after purchasing an additional 107 shares during the period. Finally, Voya Financial Advisors Inc. increased its holdings in shares of iShares Short Treasury Bond ETF by 1.9% during the 3rd quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock worth $649,000 after acquiring an additional 111 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

iShares Short Treasury Bond ETF stock traded up $0.01 during midday trading on Thursday, hitting $110.29. 9,541,233 shares of the stock were exchanged, compared to its average volume of 5,928,841. The company has a fifty day simple moving average of $110.22 and a two-hundred day simple moving average of $110.31. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

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

About iShares Short Treasury Bond ETF

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.