iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Short Interest Down 81.2% in July

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 3,279 shares, a decline of 81.2% from the July 15th total of 17,429 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 44,033 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of iShares Core 5-10 Year USD Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC lifted its position in iShares Core 5-10 Year USD Bond ETF by 261.8% during the 2nd quarter. Jane Street Group LLC now owns 114,349 shares of the company’s stock valued at $4,989,000 after acquiring an additional 82,745 shares during the period. UBS Group AG grew its holdings in iShares Core 5-10 Year USD Bond ETF by 79.6% in the fourth quarter. UBS Group AG now owns 160,061 shares of the company’s stock worth $7,075,000 after purchasing an additional 70,930 shares during the period. Octavia Wealth Advisors LLC increased its stake in shares of iShares Core 5-10 Year USD Bond ETF by 8.2% during the fourth quarter. Octavia Wealth Advisors LLC now owns 669,077 shares of the company’s stock valued at $29,573,000 after purchasing an additional 50,635 shares in the last quarter. Global Retirement Partners LLC increased its stake in shares of iShares Core 5-10 Year USD Bond ETF by 34.2% during the fourth quarter. Global Retirement Partners LLC now owns 192,951 shares of the company’s stock valued at $8,528,000 after purchasing an additional 49,165 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of iShares Core 5-10 Year USD Bond ETF by 10.1% during the third quarter. Bank of America Corp DE now owns 311,733 shares of the company’s stock valued at $13,781,000 after purchasing an additional 28,579 shares during the last quarter.

iShares Core 5-10 Year USD Bond ETF Stock Performance

IMTB stock traded down $0.13 during midday trading on Friday, hitting $42.99. The company had a trading volume of 19,061 shares, compared to its average volume of 29,199. iShares Core 5-10 Year USD Bond ETF has a 52 week low of $41.92 and a 52 week high of $44.83. The stock’s 50 day moving average price is $43.30 and its 200 day moving average price is $43.72.

About iShares Core 5-10 Year USD Bond ETF

The iShares Core 5-10 Year USD Bond ETF (IMTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted, USD-denominated broad bond index with maturities between five and ten years. Eligible sectors include US Treasurys, global government-related bonds, global investment-grade and high yield corporate bonds, and emerging market bonds. IMTB was launched on Nov 1, 2016 and is managed by BlackRock.