iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Stock Short Interest Falls 64.5%

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 67,792 shares, a decrease of 64.5% from the September 30th total of 191,092 shares. Based on an average daily trading volume, of 426,883 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are short sold.

iShares Short Maturity Municipal Bond Active ETF Trading Up 0.0%

Shares of iShares Short Maturity Municipal Bond Active ETF stock opened at $50.08 on Friday. The stock has a 50 day moving average price of $49.90 and a 200-day moving average price of $50.23. iShares Short Maturity Municipal Bond Active ETF has a one year low of $49.48 and a one year high of $50.79.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Foster Group Inc. purchased a new stake in iShares Short Maturity Municipal Bond Active ETF in the 3rd quarter valued at $30,922,000. Proficio Capital Partners LLC purchased a new position in shares of iShares Short Maturity Municipal Bond Active ETF during the 2nd quarter worth $25,253,000. Bank of New York Mellon Corp raised its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 725.3% during the 1st quarter. Bank of New York Mellon Corp now owns 428,835 shares of the company’s stock worth $21,588,000 after acquiring an additional 376,871 shares during the period. Resonant Capital Advisors LLC boosted its position in shares of iShares Short Maturity Municipal Bond Active ETF by 21.4% during the 1st quarter. Resonant Capital Advisors LLC now owns 1,666,710 shares of the company’s stock valued at $83,902,000 after acquiring an additional 293,492 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of iShares Short Maturity Municipal Bond Active ETF by 20.9% in the 1st quarter. Bank of America Corp DE now owns 1,418,879 shares of the company’s stock valued at $71,426,000 after buying an additional 245,078 shares during the last quarter.

About iShares Short Maturity Municipal Bond Active ETF

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less. MEAR was launched on Mar 3, 2015 and is managed by BlackRock.