iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Short Interest Up 14.7% in November
iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Free Report) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 15,530,000 shares, a growth of 14.7% from the November 15th total of 13,540,000 shares. Based on an average daily trading volume, of 5,404,400 shares, the days-to-cover ratio is presently 2.9 days.
iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %
Shares of SHY stock traded down $0.09 during mid-day trading on Friday, reaching $81.71. The stock had a trading volume of 7,178,291 shares, compared to its average volume of 5,417,294. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.48 and a 1-year high of $82.74. The business’s fifty day moving average is $81.23 and its 200-day moving average is $81.11.
iShares 1-3 Year Treasury Bond ETF Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 15th will be issued a $0.2597 dividend. The ex-dividend date is Thursday, December 14th. This represents a $3.12 annualized dividend and a yield of 3.81%.
Institutional Trading of iShares 1-3 Year Treasury Bond ETF
Institutional investors and hedge funds have recently bought and sold shares of the business. Center for Financial Planning Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $26,000. Aspire Private Capital LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 1,547.6% during the second quarter. Aspire Private Capital LLC now owns 346 shares of the company’s stock valued at $28,000 after buying an additional 325 shares during the period. Coppell Advisory Solutions Corp. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $30,000. Global Wealth Management Investment Advisory Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $35,000. Finally, Salem Investment Counselors Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 75.9% during the 2nd quarter. Salem Investment Counselors Inc. now owns 445 shares of the company’s stock worth $36,000 after acquiring an additional 192 shares in the last quarter. 18.38% of the stock is currently owned by institutional investors and hedge funds.
About iShares 1-3 Year Treasury Bond ETF (Get Free Report)
The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.
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