iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Stock Short Interest Climbs 74.2%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 2,582,198 shares, a growth of 74.2% from the September 15th total of 1,482,195 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 18,014,328 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. GK Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $26,000. JNBA Financial Advisors purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter worth $32,000. Advocate Investing Services LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the first quarter worth $42,000. Financial Freedom LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the first quarter worth $45,000. Finally, Oakworth Capital Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter worth $54,000.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB remained flat at $44.47 on Friday. 9,841,709 shares of the company’s stock were exchanged, compared to its average volume of 5,184,388. The firm has a market capitalization of $49.16 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. The company has a 50 day moving average of $44.89 and a two-hundred day moving average of $45.60. iShares Core Total USD Bond Market ETF has a 12-month low of $43.75 and a 12-month high of $47.23.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.1544 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Thursday, October 1st.

iShares Core Total USD Bond Market ETF Company Profile

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.