iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Short Interest Up 29.9% in February

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 8,170,000 shares, a growth of 29.9% from the January 31st total of 6,290,000 shares. Based on an average trading volume of 5,493,900 shares, the days-to-cover ratio is presently 1.5 days.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF stock traded down $0.35 during midday trading on Thursday, reaching $94.22. 2,368,950 shares of the company were exchanged, compared to its average volume of 6,879,720. iShares 7-10 Year Treasury Bond ETF has a one year low of $91.02 and a one year high of $99.18. The firm has a market capitalization of $32.46 billion, a price-to-earnings ratio of -22.34 and a beta of 0.05. The business has a 50-day moving average price of $92.97 and a two-hundred day moving average price of $94.78.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.2754 per share. The ex-dividend date is Monday, March 3rd.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 104.5% during the third quarter. Fisher Asset Management LLC now owns 41,653,513 shares of the exchange traded fund’s stock worth $4,087,043,000 after buying an additional 21,282,662 shares in the last quarter. Wealthfront Advisers LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 333,731.3% during the fourth quarter. Wealthfront Advisers LLC now owns 15,626,644 shares of the exchange traded fund’s stock worth $1,444,683,000 after acquiring an additional 15,621,963 shares during the period. Raymond James Financial Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 4th quarter valued at about $725,489,000. JPMorgan Chase & Co. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 37.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,763,482 shares of the exchange traded fund’s stock worth $2,724,153,000 after purchasing an additional 7,579,169 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of iShares 7-10 Year Treasury Bond ETF by 233.7% during the third quarter. Bank of Montreal Can now owns 7,700,921 shares of the exchange traded fund’s stock worth $757,694,000 after purchasing an additional 5,393,398 shares during the period. 81.48% 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.