iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Short Interest Down 29.5% in January

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 16,007,603 shares, a decline of 29.5% from the December 31st total of 22,693,718 shares. Based on an average daily trading volume, of 3,380,855 shares, the days-to-cover ratio is currently 4.7 days. Currently, 5.5% of the shares of the stock are short sold. Currently, 5.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,380,855 shares, the days-to-cover ratio is currently 4.7 days.

Institutional Trading of iShares 1-3 Year Treasury Bond ETF

Several institutional investors have recently modified their holdings of SHY. Hantz Financial Services Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $25,000. Key Financial Inc boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares in the last quarter. Pflug Koory LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares in the last quarter. Delos Wealth Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $29,000. Finally, Holos Integrated Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.99 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.87 and a 12-month high of $83.14. The stock has a market capitalization of $24.46 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day simple moving average of $82.86 and a 200-day simple moving average of $82.84.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.2548 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Friday, December 19th.

iShares 1-3 Year Treasury Bond ETF Company Profile

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.