iShares Investment Grade Systematic Bond ETF (BATS:IGEB) Short Interest Down 78.9% in June

iShares Investment Grade Systematic Bond ETF (BATS:IGEB) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 18,045 shares, a decline of 78.9% from the May 31st total of 85,556 shares. Based on an average daily trading volume, of 130,429 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares Investment Grade Systematic Bond ETF

Hedge funds have recently made changes to their positions in the stock. Hoese & Co LLP increased its position in iShares Investment Grade Systematic Bond ETF by 46.8% during the 4th quarter. Hoese & Co LLP now owns 110,996 shares of the company’s stock worth $5,067,000 after purchasing an additional 35,387 shares in the last quarter. BlueStem Wealth Partners LLC boosted its position in iShares Investment Grade Systematic Bond ETF by 18.2% in the third quarter. BlueStem Wealth Partners LLC now owns 202,155 shares of the company’s stock valued at $9,308,000 after buying an additional 31,151 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares Investment Grade Systematic Bond ETF by 35.4% during the fourth quarter. Farther Finance Advisors LLC now owns 42,421 shares of the company’s stock worth $1,937,000 after buying an additional 11,094 shares during the last quarter. FreeGulliver LLC grew its stake in shares of iShares Investment Grade Systematic Bond ETF by 10.8% during the third quarter. FreeGulliver LLC now owns 59,132 shares of the company’s stock worth $2,723,000 after buying an additional 5,745 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares Investment Grade Systematic Bond ETF during the third quarter worth $284,000.

iShares Investment Grade Systematic Bond ETF Price Performance

BATS:IGEB opened at $45.24 on Monday. iShares Investment Grade Systematic Bond ETF has a twelve month low of $44.40 and a twelve month high of $46.46. The stock’s 50-day simple moving average is $45.03 and its 200 day simple moving average is $45.38.

iShares Investment Grade Systematic Bond ETF Company Profile

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. IGEB was launched on Jul 11, 2017 and is managed by BlackRock.