Short Interest in iShares International Treasury Bond ETF (NASDAQ:IGOV) Expands By 12.9%

iShares International Treasury Bond ETF (NASDAQ:IGOV) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 313,797 shares, a growth of 12.9% from the March 31st total of 277,916 shares. Based on an average daily trading volume, of 288,910 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.1% of the company’s stock are short sold.

iShares International Treasury Bond ETF Price Performance

Shares of NASDAQ:IGOV traded down $0.06 during midday trading on Friday, hitting $41.82. The stock had a trading volume of 5,150,735 shares, compared to its average volume of 396,909. iShares International Treasury Bond ETF has a 12 month low of $40.36 and a 12 month high of $43.39. The business’s 50-day simple moving average is $41.65 and its 200-day simple moving average is $41.97.

Hedge Funds Weigh In On iShares International Treasury Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hazlett Burt & Watson Inc. boosted its position in iShares International Treasury Bond ETF by 41.7% during the third quarter. Hazlett Burt & Watson Inc. now owns 850 shares of the company’s stock worth $36,000 after purchasing an additional 250 shares during the period. SBI Securities Co. Ltd. boosted its position in iShares International Treasury Bond ETF by 9.9% during the third quarter. SBI Securities Co. Ltd. now owns 3,592 shares of the company’s stock worth $153,000 after purchasing an additional 323 shares during the period. OLD National Bancorp IN boosted its position in iShares International Treasury Bond ETF by 0.6% during the fourth quarter. OLD National Bancorp IN now owns 71,506 shares of the company’s stock worth $2,979,000 after purchasing an additional 397 shares during the period. Commonwealth Equity Services LLC boosted its position in iShares International Treasury Bond ETF by 2.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 30,427 shares of the company’s stock worth $1,268,000 after purchasing an additional 589 shares during the period. Finally, CWM LLC boosted its position in iShares International Treasury Bond ETF by 15.4% during the third quarter. CWM LLC now owns 5,262 shares of the company’s stock worth $224,000 after purchasing an additional 702 shares during the period.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.