iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) Short Interest Update

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. raised its position in iShares Treasury Floating Rate Bond ETF by 134.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,138 shares of the company’s stock valued at $1,527,000 after purchasing an additional 17,265 shares in the last quarter. Baird Financial Group Inc. acquired a new position in shares of iShares Treasury Floating Rate Bond ETF during the second quarter worth about $265,000. Brown Advisory Inc. increased its stake in shares of iShares Treasury Floating Rate Bond ETF by 90.0% during the second quarter. Brown Advisory Inc. now owns 7,602 shares of the company’s stock worth $385,000 after buying an additional 3,600 shares during the period. Jane Street Group LLC purchased a new stake in shares of iShares Treasury Floating Rate Bond ETF during the second quarter worth approximately $11,961,000. Finally, Bank of America Corp DE raised its holdings in iShares Treasury Floating Rate Bond ETF by 9.7% in the second quarter. Bank of America Corp DE now owns 7,179,094 shares of the company’s stock valued at $363,621,000 after acquiring an additional 637,336 shares in the last quarter.

iShares Treasury Floating Rate Bond ETF Price Performance

iShares Treasury Floating Rate Bond ETF stock traded up $0.02 during mid-day trading on Friday, reaching $50.65. 1,789,464 shares of the company’s stock were exchanged, compared to its average volume of 1,586,603. iShares Treasury Floating Rate Bond ETF has a twelve month low of $50.39 and a twelve month high of $50.67. The company has a fifty day moving average of $50.59 and a 200-day moving average of $50.57.

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.