iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Significant Increase in Short Interest

iShares International Treasury Bond ETF (NASDAQ:IGOV) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,752,805 shares, a growth of 479.3% from the May 14th total of 302,591 shares. Currently, 6.3% of the shares of the company are sold short. Based on an average daily trading volume, of 485,002 shares, the days-to-cover ratio is currently 3.6 days.

iShares International Treasury Bond ETF Price Performance

Shares of NASDAQ:IGOV traded down $0.08 during midday trading on Wednesday, reaching $41.07. The company had a trading volume of 249,771 shares, compared to its average volume of 435,524. The company’s 50 day moving average price is $41.57 and its 200 day moving average price is $41.84. iShares International Treasury Bond ETF has a 52-week low of $40.36 and a 52-week high of $43.39.

Hedge Funds Weigh In On iShares International Treasury Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new position in shares of iShares International Treasury Bond ETF in the 4th quarter worth about $32,000. Franklin Resources Inc. purchased a new position in shares of iShares International Treasury Bond ETF in the 4th quarter worth about $44,000. Quattro Advisors LLC purchased a new position in shares of iShares International Treasury Bond ETF in the 4th quarter worth about $125,000. SHP Wealth Management purchased a new position in shares of iShares International Treasury Bond ETF in the 4th quarter worth about $136,000. Finally, SBI Securities Co. Ltd. boosted its holdings in shares of iShares International Treasury Bond ETF by 9.9% in the 3rd quarter. SBI Securities Co. Ltd. now owns 3,592 shares of the company’s stock worth $153,000 after buying an additional 323 shares during the last quarter.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.