iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Sees Significant Growth in Short Interest

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 38,200 shares, a growth of 1,395.7% from the April 30th total of 2,554 shares. Based on an average daily volume of 35,372 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the company’s stock are short sold.

iShares Core 10+ Year USD Bond ETF Stock Performance

ILTB traded up $0.03 during trading hours on Friday, hitting $49.10. 16,472 shares of the company’s stock were exchanged, compared to its average volume of 52,202. The stock’s 50-day moving average is $48.91 and its two-hundred day moving average is $49.68. iShares Core 10+ Year USD Bond ETF has a 1-year low of $47.54 and a 1-year high of $51.77.

Institutional Trading of iShares Core 10+ Year USD Bond ETF

A number of large investors have recently added to or reduced their stakes in ILTB. Royal Bank of Canada lifted its stake in shares of iShares Core 10+ Year USD Bond ETF by 51.6% during the 1st quarter. Royal Bank of Canada now owns 43,120 shares of the company’s stock worth $2,157,000 after buying an additional 14,669 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of iShares Core 10+ Year USD Bond ETF during the 1st quarter worth about $275,000. Jane Street Group LLC lifted its stake in shares of iShares Core 10+ Year USD Bond ETF by 104.9% during the 2nd quarter. Jane Street Group LLC now owns 44,484 shares of the company’s stock worth $2,198,000 after buying an additional 22,770 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Core 10+ Year USD Bond ETF by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 2,103,591 shares of the company’s stock worth $103,959,000 after buying an additional 24,944 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of iShares Core 10+ Year USD Bond ETF by 6.5% during the 2nd quarter. MML Investors Services LLC now owns 15,012 shares of the company’s stock worth $742,000 after buying an additional 912 shares during the last quarter.

About iShares Core 10+ Year USD Bond ETF

iShares Core Long-Term U.S. Bond ETF (the Fund), formerly iShares 10+ Year Government/Credit Bond Fund, seeks investment results that correspond generally to the price and yield performance of the long-term, investment-grade United States corporate and government bond markets as defined by the BofA Merrill Lynch 10+ Year US Corporate & Government Index (the Index). The Index includes publicly issued United States Treasury debt, the United States Government agency debt, taxable debt issued by the United States states and territories and their political subdivisions, debt issued by the United States and non-United States corporations, non- United States Government debt and supranational debt.