iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Short Interest Down 69.6% in August

iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 105,437 shares, a drop of 69.6% from the July 30th total of 346,321 shares. Based on an average daily volume of 1,423,090 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Federation des caisses Desjardins du Quebec boosted its position in shares of iShares Treasury Floating Rate Bond ETF by 0.3% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 83,440 shares of the company’s stock valued at $4,210,000 after buying an additional 282 shares during the period. GC Wealth Management RIA LLC lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 6.1% during the 1st quarter. GC Wealth Management RIA LLC now owns 5,478 shares of the company’s stock worth $277,000 after acquiring an additional 315 shares during the last quarter. Darden Wealth Group Inc lifted its stake in shares of iShares Treasury Floating Rate Bond ETF by 1.4% during the 4th quarter. Darden Wealth Group Inc now owns 23,761 shares of the company’s stock worth $1,199,000 after acquiring an additional 326 shares during the last quarter. Lido Advisors LLC boosted its holdings in iShares Treasury Floating Rate Bond ETF by 4.1% during the 4th quarter. Lido Advisors LLC now owns 8,546 shares of the company’s stock valued at $431,000 after acquiring an additional 339 shares during the period. Finally, Redwood Financial Network Corp grew its position in iShares Treasury Floating Rate Bond ETF by 2.8% in the 4th quarter. Redwood Financial Network Corp now owns 14,789 shares of the company’s stock valued at $746,000 after acquiring an additional 407 shares during the last quarter.

iShares Treasury Floating Rate Bond ETF Stock Performance

Shares of NYSEARCA:TFLO traded up $0.01 on Thursday, hitting $50.63. The company’s stock had a trading volume of 742,940 shares, compared to its average volume of 1,582,713. iShares Treasury Floating Rate Bond ETF has a 1 year low of $50.39 and a 1 year high of $50.67. The company has a 50-day simple moving average of $50.58 and a 200 day simple moving average of $50.57.

About iShares Treasury Floating Rate Bond ETF

The iShares Treasury Floating Rate Bond ETF (TFLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The iShares Treasury Floating Rate Bond ETF seeks to track the investment results of an index composed of U.S. Treasury floating rate bonds. TFLO was launched on Feb 3, 2014 and is managed by BlackRock.