Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Increases By 382.9%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,919,482 shares, an increase of 382.9% from the November 30th total of 604,576 shares. Based on an average trading volume of 2,794,970 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 2,794,970 shares, the short-interest ratio is currently 1.0 days.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

IUSB stock opened at $46.62 on Thursday. The firm has a 50-day moving average price of $46.76 and a 200-day moving average price of $46.41. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.20. The stock has a market capitalization of $33.13 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.1648 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IUSB. Team Financial Group LLC raised its holdings in iShares Core Total USD Bond Market ETF by 54.4% in the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after buying an additional 218 shares during the last quarter. Snider Financial Group increased its position in iShares Core Total USD Bond Market ETF by 3.6% in the 3rd quarter. Snider Financial Group now owns 6,580 shares of the company’s stock valued at $307,000 after acquiring an additional 231 shares during the period. Morris Financial Concepts Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF by 1.2% during the second quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock valued at $957,000 after acquiring an additional 239 shares during the last quarter. Leavell Investment Management Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 0.6% during the third quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock worth $1,893,000 after purchasing an additional 240 shares during the period. Finally, Linscomb Wealth Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 0.8% during the third quarter. Linscomb Wealth Inc. now owns 31,738 shares of the company’s stock worth $1,482,000 after purchasing an additional 264 shares during the period.

About iShares Core Total USD Bond Market ETF

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.