67 shares changed hands on Thursday. Shares saw a steep increase in trading volume of 644.44% over the normal average daily volume. Traders are a little more bullish on Barclays PLC – iPath US Treasur of late if you evaluate the motion in short interest. The company recorded a fall in short interest of 0.00% as of September 29, 2017 from the last reporting period. Short shares decreased 0 over that period.
The following firms have recently changed their position in FLAT. As of the end of the quarter Royal Bank Of Canada had bought a total of 3,828 shares growing its position 66.7%. The value of the investment in Barclays PLC – iPath US Treasur went from $339,000 to $594,000 increasing 75.2% quarter to quarter. As of quarter end Jane Street Group, LLC had disposed of 2,531 shares trimming its stake by 9.0%. The value of the investment in FLAT decreased from $1,666,000 to $1,595,000 a change of $71,000 since the last quarter.
The company is now unchanged since yesterday’s close of 61.50. Shares are trading at $61.50 a tad below the 50 day moving average which is $61.57 and just a bit higher than the 200 day moving average of $61.39. The 50 day moving average went down by -0.12% and the 200 day average moved up $0.11.
The iPath US Treasury Flattener ETN is designed to provide investors with inverse exposure to the Barclays US Treasury 2Y/10Y Yield Curve Index. The Barclays US Treasury 2Y/10Y Yield Curve Index (the ‘Index’) employs a strategy that seeks to capture returns that are potentially available from a ‘steepening’ or ‘flattening’, as applicable, of the U.S. Treasury yield curve through a notional rolling investment in U.S. Treasury note futures contracts. The level of the Index is designed to increase in response to a ‘steepening’ of the yield curve and to decrease in response to a ‘flattening’ of the yield curve..