iShares Short Duration Bond Active ETF (BATS:NEAR) Stock Short Interest Climbs 321.4%

iShares Short Duration Bond Active ETF (BATS:NEAR) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 926,450 shares, a growth of 321.4% from the September 30th total of 219,868 shares. Approximately 1.4% of the company’s shares are short sold. Based on an average trading volume of 894,405 shares, the short-interest ratio is presently 1.0 days.

iShares Short Duration Bond Active ETF Stock Up 0.1%

Shares of BATS:NEAR opened at $50.04 on Wednesday. The firm’s 50 day simple moving average is $50.13 and its 200-day simple moving average is $50.63. iShares Short Duration Bond Active ETF has a one year low of $49.68 and a one year high of $51.37.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NEAR. Mather Group LLC. purchased a new stake in shares of iShares Short Duration Bond Active ETF in the 3rd quarter worth $38,000. First Bancorp Inc ME purchased a new position in shares of iShares Short Duration Bond Active ETF during the second quarter valued at $51,000. Sax Wealth Advisors LLC purchased a new position in shares of iShares Short Duration Bond Active ETF during the second quarter valued at $212,000. Stephens Inc. AR purchased a new position in shares of iShares Short Duration Bond Active ETF during the first quarter valued at $218,000. Finally, RFG Advisory LLC bought a new stake in shares of iShares Short Duration Bond Active ETF in the second quarter valued at about $230,000.

About iShares Short Duration Bond Active ETF

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.