iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) Short Interest Down 82.9% in May

iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 11,947 shares, a decrease of 82.9% from the May 14th total of 69,963 shares. Based on an average trading volume of 175,867 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

iShares Short Maturity Municipal Bond Active ETF Price Performance

Shares of BATS:MEAR opened at $50.29 on Wednesday. The business’s 50-day moving average is $50.29 and its 200 day moving average is $50.37. iShares Short Maturity Municipal Bond Active ETF has a 1 year low of $50.06 and a 1 year high of $50.79.

Hedge Funds Weigh In On iShares Short Maturity Municipal Bond Active ETF

A number of institutional investors have recently bought and sold shares of the business. Integrated Investment Consultants LLC grew its position in iShares Short Maturity Municipal Bond Active ETF by 12.4% during the 1st quarter. Integrated Investment Consultants LLC now owns 86,418 shares of the company’s stock worth $4,350,000 after purchasing an additional 9,531 shares during the period. Bank of America Corp DE grew its position in iShares Short Maturity Municipal Bond Active ETF by 20.9% during the 1st quarter. Bank of America Corp DE now owns 1,418,879 shares of the company’s stock worth $71,426,000 after purchasing an additional 245,078 shares during the period. Core Wealth Advisors Inc. grew its position in iShares Short Maturity Municipal Bond Active ETF by 79.8% during the 1st quarter. Core Wealth Advisors Inc. now owns 24,821 shares of the company’s stock worth $1,249,000 after purchasing an additional 11,013 shares during the period. Waverly Advisors LLC grew its position in iShares Short Maturity Municipal Bond Active ETF by 29.3% during the 1st quarter. Waverly Advisors LLC now owns 27,703 shares of the company’s stock worth $1,395,000 after purchasing an additional 6,278 shares during the period. Finally, Wealth Alliance LLC purchased a new stake in iShares Short Maturity Municipal Bond Active ETF in the 1st quarter worth approximately $262,000.

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.