Short-Term Bond ETF (BATS:STBF) Short Interest Up 87.2% in July

Short-Term Bond ETF (BATS:STBF) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 30,806 shares, a growth of 87.2% from the June 30th total of 16,460 shares. Based on an average daily trading volume, of 14,818 shares, the short-interest ratio is presently 2.1 days. Currently, 4.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Short-Term Bond ETF

An institutional investor recently raised its stake in Short-Term Bond ETF stock. Rothschild Investment LLC lifted its position in Short-Term Bond ETF (BATS:STBF) by 528.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 170,838 shares of the company’s stock after acquiring an additional 143,656 shares during the quarter. Rothschild Investment LLC owned 13.56% of Short-Term Bond ETF worth $4,332,000 at the end of the most recent reporting period.

Short-Term Bond ETF Stock Performance

Shares of STBF opened at $25.17 on Friday. The business has a fifty day moving average of $25.30 and a 200 day moving average of $25.37. Short-Term Bond ETF has a 52-week low of $25.15 and a 52-week high of $25.60.

About Short-Term Bond ETF

The Performance Trust Short Term Bond ETF (STBF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a diversified portfolio of short-term bonds, tilting towards investment-grade credit. The fund utilizes a value-oriented strategy, seeking total return from income and capital preservation. STBF was launched on Apr 9, 2024 and is issued by Performance Trust.