iShares International Treasury Bond ETF (NASDAQ:IGOV) Sees Large Increase in Short Interest

iShares International Treasury Bond ETF (NASDAQ:IGOV) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 595,567 shares, an increase of 51.1% from the February 26th total of 394,189 shares. Currently, 2.4% of the company’s stock are short sold. Based on an average daily volume of 295,638 shares, the days-to-cover ratio is presently 2.0 days.

iShares International Treasury Bond ETF Price Performance

Shares of iShares International Treasury Bond ETF stock opened at $40.54 on Monday. The business has a fifty day simple moving average of $42.09 and a two-hundred day simple moving average of $42.13. iShares International Treasury Bond ETF has a 12 month low of $39.15 and a 12 month high of $43.39.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new stake in iShares International Treasury Bond ETF during the fourth quarter worth about $32,000. Hazlett Burt & Watson Inc. grew its holdings in iShares International Treasury Bond ETF by 41.7% in the third quarter. Hazlett Burt & Watson Inc. now owns 850 shares of the company’s stock worth $36,000 after purchasing an additional 250 shares during the period. Franklin Resources Inc. bought a new position in shares of iShares International Treasury Bond ETF during the fourth quarter valued at approximately $44,000. Capital A Wealth Management LLC purchased a new position in shares of iShares International Treasury Bond ETF during the second quarter valued at approximately $46,000. Finally, Quattro Advisors LLC purchased a new position in shares of iShares International Treasury Bond ETF during the fourth quarter valued at approximately $125,000.

About iShares International Treasury Bond ETF

iShares International Treasury Bond ETF, formerly iShares S&P/Citigroup International Treasury Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the S&P/Citigroup International Treasury Bond Index Ex US (the Index). The Index is a market value-weighted index designed to measure the performance of bonds denominated in local currencies and issued by foreign governments in developed market countries outside the United States.