iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Short Interest Down 57.2% in May

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 659,727 shares, a decline of 57.2% from the April 30th total of 1,541,234 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 1,559,280 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares Ultra Short-Term Bond Active ETF

A number of hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC boosted its position in iShares Ultra Short-Term Bond Active ETF by 6.1% during the third quarter. Advisory Services Network LLC now owns 345,149 shares of the company’s stock worth $17,516,000 after purchasing an additional 19,812 shares during the period. Advisor OS LLC boosted its position in iShares Ultra Short-Term Bond Active ETF by 9.5% during the third quarter. Advisor OS LLC now owns 158,442 shares of the company’s stock worth $8,041,000 after purchasing an additional 13,750 shares during the period. Aptus Capital Advisors LLC lifted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 45.9% during the third quarter. Aptus Capital Advisors LLC now owns 32,250 shares of the company’s stock worth $1,637,000 after buying an additional 10,147 shares in the last quarter. Burt Wealth Advisors lifted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 446.1% during the third quarter. Burt Wealth Advisors now owns 100,246 shares of the company’s stock worth $5,087,000 after buying an additional 81,888 shares in the last quarter. Finally, Prevail Innovative Wealth Advisors LLC acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the third quarter worth $3,026,000.

iShares Ultra Short-Term Bond Active ETF Stock Performance

ICSH stock traded down $0.16 during trading hours on Tuesday, hitting $50.44. The company’s stock had a trading volume of 2,079,642 shares, compared to its average volume of 1,758,440. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $50.43 and a 12 month high of $50.77. The stock has a 50 day moving average price of $50.55 and a two-hundred day moving average price of $50.60.

iShares Ultra Short-Term Bond Active ETF Company Profile

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.