iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Short Interest Update

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 263,732 shares, an increase of 79.4% from the February 26th total of 147,032 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 693,339 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. John A. Wolfe & Associates Inc. purchased a new stake in iShares Short-Term National Muni Bond ETF in the fourth quarter valued at $51,951,000. DGS Capital Management LLC increased its position in shares of iShares Short-Term National Muni Bond ETF by 8.0% during the 4th quarter. DGS Capital Management LLC now owns 337,218 shares of the company’s stock worth $35,981,000 after purchasing an additional 25,067 shares during the last quarter. Monetary Solutions Ltd purchased a new stake in iShares Short-Term National Muni Bond ETF in the 4th quarter valued at about $54,000. NewEdge Advisors LLC lifted its position in iShares Short-Term National Muni Bond ETF by 10.5% in the fourth quarter. NewEdge Advisors LLC now owns 82,048 shares of the company’s stock valued at $8,755,000 after buying an additional 7,809 shares during the last quarter. Finally, O Domhnaill Enterprises Inc. purchased a new position in iShares Short-Term National Muni Bond ETF during the fourth quarter worth about $814,000.

iShares Short-Term National Muni Bond ETF Price Performance

Shares of SUB opened at $106.42 on Friday. iShares Short-Term National Muni Bond ETF has a 12-month low of $104.02 and a 12-month high of $107.51. The firm has a 50-day moving average price of $107.08 and a 200 day moving average price of $106.83.

About iShares Short-Term National Muni Bond ETF

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.