iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Update

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 210,176 shares, an increase of 159.0% from the December 31st total of 81,159 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 510,546 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 510,546 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB traded up $0.04 during mid-day trading on Friday, hitting $48.89. The stock had a trading volume of 293,577 shares, compared to its average volume of 532,159. The stock’s fifty day simple moving average is $48.78 and its 200-day simple moving average is $48.75. The firm has a market capitalization of $4.77 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 $47.73 and a 1-year high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm 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. This represents a c) annualized dividend and a dividend yield of 4.2%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Friday, December 19th.

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

A number of large investors have recently bought and sold shares of ISTB. CoreCap Advisors LLC raised its holdings 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 worth $35,000 after acquiring an additional 458 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth about $37,000. Spire Wealth Management raised its position in iShares Core 1-5 Year USD Bond ETF by 37.5% in the 4th quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after buying an additional 218 shares during the last quarter. Rothschild Investment LLC lifted 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 valued at $83,000 after acquiring an additional 500 shares in the last quarter. Finally, Assetmark Inc. boosted its position in iShares Core 1-5 Year USD Bond ETF by 1,394.0% during 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 during the last quarter.

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.