iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Sees Significant Drop in Short Interest

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 9,560,000 shares, a decrease of 5.2% from the November 15th total of 10,080,000 shares. Based on an average daily volume of 7,485,600 shares, the short-interest ratio is presently 1.3 days.

iShares 7-10 Year Treasury Bond ETF Price Performance

IEF opened at $93.72 on Wednesday. The company’s 50-day moving average price is $94.61 and its 200 day moving average price is $95.54. iShares 7-10 Year Treasury Bond ETF has a fifty-two week low of $91.02 and a fifty-two week high of $99.18. The firm has a market cap of $33.29 billion, a price-to-earnings ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were given a dividend of $0.292 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29. The ex-dividend date was Monday, December 2nd.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

Several hedge funds have recently made changes to their positions in the stock. Fiera Capital Corp grew its position in iShares 7-10 Year Treasury Bond ETF by 2.1% in the 2nd quarter. Fiera Capital Corp now owns 5,285 shares of the exchange traded fund’s stock worth $495,000 after purchasing an additional 107 shares during the last quarter. PSI Advisors LLC boosted its position in shares of iShares 7-10 Year Treasury Bond ETF by 20.0% during the third quarter. PSI Advisors LLC now owns 653 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 109 shares during the period. Catalyst Private Wealth LLC grew its holdings in iShares 7-10 Year Treasury Bond ETF by 2.7% in the 2nd quarter. Catalyst Private Wealth LLC now owns 4,802 shares of the exchange traded fund’s stock worth $450,000 after buying an additional 128 shares in the last quarter. Crestwood Advisors Group LLC increased its position in iShares 7-10 Year Treasury Bond ETF by 2.2% in the 2nd quarter. Crestwood Advisors Group LLC now owns 6,079 shares of the exchange traded fund’s stock valued at $569,000 after acquiring an additional 133 shares during the period. Finally, J. W. Coons Advisors LLC raised its stake in iShares 7-10 Year Treasury Bond ETF by 1.0% during the 3rd quarter. J. W. Coons Advisors LLC now owns 13,239 shares of the exchange traded fund’s stock valued at $1,299,000 after acquiring an additional 135 shares in the last quarter. Institutional investors own 81.48% of the company’s stock.

About iShares 7-10 Year Treasury Bond ETF

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.