iShares Short Duration Bond Active ETF (BATS:NEAR) Shares Shorted: Short Interest Down 46.6% in September

iShares Short Duration Bond Active ETF (BATS:NEAR) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 460,543 shares, a drop of 46.6% from the August 31st total of 861,816 shares. Based on an average daily volume of 642,629 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.7% of the company’s stock are sold short.

Institutional Trading of iShares Short Duration Bond Active ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in NEAR. Lane Brothers & Co. Inc. grew its position in shares of iShares Short Duration Bond Active ETF by 1.5% in the 1st quarter. Lane Brothers & Co. Inc. now owns 17,676 shares of the company’s stock worth $899,000 after acquiring an additional 260 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in shares of iShares Short Duration Bond Active ETF by 10.5% in the 1st quarter. AdvisorNet Financial Inc now owns 3,238 shares of the company’s stock valued at $165,000 after acquiring an additional 308 shares during the last quarter. Eagle Bluffs Wealth Management LLC raised its position in shares of iShares Short Duration Bond Active ETF by 2.4% during the 4th quarter. Eagle Bluffs Wealth Management LLC now owns 15,302 shares of the company’s stock valued at $782,000 after acquiring an additional 352 shares in the last quarter. Parallel Advisors LLC raised its position in shares of iShares Short Duration Bond Active ETF by 5.5% during the 1st quarter. Parallel Advisors LLC now owns 7,354 shares of the company’s stock valued at $374,000 after acquiring an additional 383 shares in the last quarter. Finally, Castle Rock Wealth Management LLC raised its position in shares of iShares Short Duration Bond Active ETF by 0.9% during the 2nd quarter. Castle Rock Wealth Management LLC now owns 44,791 shares of the company’s stock valued at $2,261,000 after acquiring an additional 404 shares in the last quarter.

iShares Short Duration Bond Active ETF Stock Performance

NEAR stock opened at $49.87 on Wednesday. The stock’s 50 day moving average is $50.35 and its two-hundred day moving average is $50.56. iShares Short Duration Bond Active ETF has a 52-week low of $49.81 and a 52-week high of $51.37.

iShares Short Duration Bond Active ETF Company Profile

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.