iShares Short Duration Bond Active ETF (BATS:NEAR) Short Interest Up 88.2% in August

iShares Short Duration Bond Active ETF (BATS:NEAR) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 861,816 shares, an increase of 88.2% from the August 15th total of 457,895 shares. Based on an average daily volume of 861,270 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.3% of the shares of the stock are short sold.

iShares Short Duration Bond Active ETF Price Performance

iShares Short Duration Bond Active ETF stock opened at $50.08 on Thursday. The business’s fifty day moving average is $50.44 and its two-hundred day moving average is $50.63. iShares Short Duration Bond Active ETF has a 52 week low of $50.08 and a 52 week high of $51.37.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in NEAR. Capital Analysts LLC increased its position in iShares Short Duration Bond Active ETF by 15.5% in the 2nd quarter. Capital Analysts LLC now owns 14,738 shares of the company’s stock valued at $746,000 after acquiring an additional 1,978 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of iShares Short Duration Bond Active ETF by 196.7% during the second quarter. Integrated Wealth Concepts LLC now owns 42,143 shares of the company’s stock worth $2,135,000 after purchasing an additional 27,939 shares in the last quarter. RFG Advisory LLC bought a new stake in shares of iShares Short Duration Bond Active ETF during the second quarter valued at approximately $230,000. Baird Financial Group Inc. grew its stake in shares of iShares Short Duration Bond Active ETF by 23.9% during the second quarter. Baird Financial Group Inc. now owns 152,361 shares of the company’s stock valued at $7,719,000 after purchasing an additional 29,410 shares during the last quarter. Finally, Shah Wealth Advisors LLC bought a new stake in shares of iShares Short Duration Bond Active ETF during the second quarter valued at approximately $917,000.

About iShares Short Duration Bond Active ETF

The iShares Short Maturity Bond ETF (NEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to maximize income and preserve capital using very short maturity, USD-denominated global fixed income securities in an actively-managed fund. NEAR was launched on Sep 25, 2013 and is managed by BlackRock.