Short Interest in iShares Short Duration Bond Active ETF (BATS:NEAR) Rises By 88.2%

iShares Short Duration Bond Active ETF (BATS:NEARGet Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 861,816 shares, a growth of 88.2% from the August 15th total of 457,895 shares. Based on an average daily trading volume, of 861,270 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.3% of the company’s shares are sold short.

iShares Short Duration Bond Active ETF Trading Up 0.1%

NEAR opened at $50.14 on Friday. The business’s 50-day moving average price is $50.43 and its 200-day moving average price is $50.62. iShares Short Duration Bond Active ETF has a 12 month low of $50.08 and a 12 month high of $51.37.

Hedge Funds Weigh In On iShares Short Duration Bond Active ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares Short Duration Bond Active ETF during the fourth quarter valued at approximately $35,000. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Short Duration Bond Active ETF in the fourth quarter worth $46,000. First Bancorp Inc ME purchased a new position in shares of iShares Short Duration Bond Active ETF in the second quarter worth $51,000. Wellington Shields & Co. LLC raised its holdings in iShares Short Duration Bond Active ETF by 23,954.5% during the 4th quarter. Wellington Shields & Co. LLC now owns 2,646 shares of the company’s stock valued at $135,000 after buying an additional 2,635 shares during the last quarter. Finally, AdvisorNet Financial Inc raised its holdings in iShares Short Duration Bond Active ETF by 10.5% during the 1st quarter. AdvisorNet Financial Inc now owns 3,238 shares of the company’s stock valued at $165,000 after buying an additional 308 shares during the last quarter.

iShares Short Duration Bond Active ETF Company Profile

(Get Free Report)

The iShares Short Maturity Bond ETF (NEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to maximize income and preserve capital using very short maturity, USD-denominated global fixed income securities in an actively-managed fund. NEAR was launched on Sep 25, 2013 and is managed by BlackRock.

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