iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Short Interest Up 13.8% in August

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 12,940,000 shares, an increase of 13.8% from the August 15th total of 11,370,000 shares. Based on an average daily trading volume, of 6,625,400 shares, the short-interest ratio is presently 2.0 days.

iShares 7-10 Year Treasury Bond ETF Trading Down 0.4 %

IEF stock traded down $0.34 during midday trading on Tuesday, reaching $92.84. 7,457,386 shares of the company traded hands, compared to its average volume of 7,995,313. The business has a 50 day moving average of $94.64 and a 200-day moving average of $96.95. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $92.48 and a 52-week high of $100.80.

iShares 7-10 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were paid a dividend of $0.2418 per share. The ex-dividend date of this dividend was Friday, September 1st. This represents a $2.90 dividend on an annualized basis and a dividend yield of 3.12%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. CVA Family Office LLC lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 103.2% in the 1st quarter. CVA Family Office LLC now owns 315 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 160 shares during the period. Ahrens Investment Partners LLC acquired a new stake in shares of iShares 7-10 Year Treasury Bond ETF during the 1st quarter valued at about $32,000. Cary Street Partners Asset Management LLC acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 4th quarter worth about $33,000. BerganKDV Wealth Management LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 818.9% in the first quarter. BerganKDV Wealth Management LLC now owns 340 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 303 shares during the period. Finally, HHM Wealth Advisors LLC purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the first quarter valued at approximately $35,000. 86.63% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Company Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.