iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Significant Growth in Short Interest

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 159,137 shares, an increase of 194.4% from the July 30th total of 54,059 shares. Based on an average daily trading volume, of 521,625 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.2%

Shares of ISTB stock traded down $0.11 during trading hours on Friday, reaching $47.99. 257,178 shares of the company’s stock were exchanged, compared to its average volume of 480,854. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.88 and a 1 year high of $49.05. The stock has a market cap of $5.13 billion, a PE ratio of 10.99 and a beta of 0.11. The stock’s fifty day moving average price is $48.07 and its two-hundred day moving average price is $48.32.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a $0.1743 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

Institutional Trading of iShares Core 1-5 Year USD Bond ETF

Several large investors have recently bought and sold shares of the stock. Acorns Advisers LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 5.1% during the 4th quarter. Acorns Advisers LLC now owns 11,554,781 shares of the company’s stock valued at $563,296,000 after purchasing an additional 562,194 shares in the last quarter. State of Wisconsin Investment Board lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.4% during the fourth quarter. State of Wisconsin Investment Board now owns 5,312,625 shares of the company’s stock worth $258,990,000 after buying an additional 71,400 shares during the period. Raymond James Financial Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 5.2% during the fourth quarter. Raymond James Financial Inc. now owns 2,223,386 shares of the company’s stock valued at $108,390,000 after buying an additional 110,022 shares during the last quarter. SHP Wealth Management purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at $70,668,000. Finally, Spinnaker Trust grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 2.9% during the fourth quarter. Spinnaker Trust now owns 1,384,279 shares of the company’s stock valued at $67,484,000 after buying an additional 38,402 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.