iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Down 75.6% in December

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 14,873 shares, a decline of 75.6% from the November 30th total of 61,067 shares. Based on an average trading volume of 470,533 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 470,533 shares, the days-to-cover ratio is presently 0.0 days.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1%

NASDAQ:ISTB traded up $0.04 during trading hours on Friday, hitting $48.74. 283,261 shares of the stock traded hands, compared to its average volume of 438,578. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.57 and a 1 year high of $48.99. The stock has a 50 day moving average price of $48.80 and a 200 day moving average price of $48.69.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.1699 dividend. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF

Large investors have recently bought and sold shares of the business. CoreCap Advisors LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 174.1% during the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after purchasing an additional 458 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at about $37,000. Rothschild Investment LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 41.8% in the 3rd quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock worth $83,000 after acquiring an additional 500 shares in the last quarter. Assetmark Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 1,394.0% in the 2nd quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock worth $85,000 after acquiring an additional 1,631 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 3,024.7% during the second quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock worth $129,000 after acquiring an additional 2,571 shares during the period.

About iShares Core 1-5 Year USD Bond ETF

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.