Short-Term Bond ETF (BATS:STBF) Sees Significant Decline in Short Interest

Short-Term Bond ETF (BATS:STBF) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 16,460 shares, a drop of 57.6% from the June 15th total of 38,848 shares. Approximately 2.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,886 shares, the short-interest ratio is currently 0.8 days.

Short-Term Bond ETF Stock Performance

Short-Term Bond ETF stock opened at $25.35 on Thursday. Short-Term Bond ETF has a fifty-two week low of $25.15 and a fifty-two week high of $25.60. The firm’s fifty day moving average price is $25.33 and its 200-day moving average price is $25.38.

Institutional Trading of Short-Term Bond ETF

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

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.