iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Sees Significant Decrease in Short Interest

iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 476,617 shares, a decline of 41.9% from the September 30th total of 820,885 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 2,215,871 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of iShares Treasury Floating Rate Bond ETF

Several large investors have recently bought and sold shares of the company. United Advisor Group LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 8.9% during the 3rd quarter. United Advisor Group LLC now owns 5,139 shares of the company’s stock worth $260,000 after buying an additional 419 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in iShares Treasury Floating Rate Bond ETF during the 3rd quarter worth approximately $693,000. Heritage Family Offices LLP bought a new stake in iShares Treasury Floating Rate Bond ETF during the third quarter valued at $132,000. Steele Capital Management Inc. acquired a new position in iShares Treasury Floating Rate Bond ETF in the third quarter valued at approximately $1,859,000. Finally, Kestra Advisory Services LLC lifted its position in shares of iShares Treasury Floating Rate Bond ETF by 13.5% during the 3rd quarter. Kestra Advisory Services LLC now owns 50,367 shares of the company’s stock valued at $2,552,000 after acquiring an additional 5,996 shares during the period.

iShares Treasury Floating Rate Bond ETF Trading Up 0.0%

Shares of TFLO traded up $0.01 during mid-day trading on Tuesday, reaching $50.53. The company’s stock had a trading volume of 268,687 shares, compared to its average volume of 1,676,368. The company’s 50 day moving average is $50.60 and its 200 day moving average is $50.58. iShares Treasury Floating Rate Bond ETF has a 12-month low of $50.39 and a 12-month high of $50.71.

iShares Treasury Floating Rate Bond ETF Company Profile

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.