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

iShares International Treasury Bond ETF (NASDAQ:IGOV) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 233,900 shares, an increase of 21.3% from the March 15th total of 192,800 shares. Based on an average daily volume of 179,600 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Net Worth Advisory Group raised its position in iShares International Treasury Bond ETF by 3.2% in the first quarter. Net Worth Advisory Group now owns 9,235 shares of the company’s stock valued at $364,000 after purchasing an additional 285 shares during the period. Columbus Macro LLC boosted its stake in shares of iShares International Treasury Bond ETF by 2.7% in the first quarter. Columbus Macro LLC now owns 10,889 shares of the company’s stock valued at $429,000 after purchasing an additional 285 shares during the period. Fairview Capital Investment Management LLC grew its stake in shares of iShares International Treasury Bond ETF by 1.0% in the fourth quarter. Fairview Capital Investment Management LLC now owns 33,230 shares of the company’s stock worth $1,277,000 after acquiring an additional 325 shares in the last quarter. Invesco Ltd. increased its holdings in iShares International Treasury Bond ETF by 2.1% during the 4th quarter. Invesco Ltd. now owns 17,548 shares of the company’s stock worth $674,000 after purchasing an additional 355 shares during the period. Finally, Euro Pacific Asset Management LLC increased its stake in shares of iShares International Treasury Bond ETF by 0.9% during the fourth quarter. Euro Pacific Asset Management LLC now owns 48,992 shares of the company’s stock worth $1,904,000 after buying an additional 437 shares during the period.

iShares International Treasury Bond ETF Stock Performance

NASDAQ IGOV traded up $0.41 on Monday, reaching $42.18. 2,900,784 shares of the company were exchanged, compared to its average volume of 166,174. iShares International Treasury Bond ETF has a fifty-two week low of $37.30 and a fifty-two week high of $42.92. The business’s fifty day moving average price is $39.78 and its 200 day moving average price is $39.46.

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).