Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Rises By 44.0%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 5,760,000 shares, an increase of 44.0% from the February 13th total of 4,000,000 shares. Based on an average daily volume of 3,002,600 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Thompson Investment Management Inc. raised its stake in iShares Core Total USD Bond Market ETF by 11.4% during the fourth quarter. Thompson Investment Management Inc. now owns 2,200 shares of the company’s stock valued at $99,000 after buying an additional 225 shares during the last quarter. Kovack Advisors Inc. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 4.3% in the 3rd quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock worth $262,000 after purchasing an additional 227 shares in the last quarter. NFP Retirement Inc. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 2.5% in the 4th quarter. NFP Retirement Inc. now owns 9,400 shares of the company’s stock worth $425,000 after purchasing an additional 229 shares in the last quarter. McAdam LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 2.3% in the 4th quarter. McAdam LLC now owns 10,354 shares of the company’s stock worth $468,000 after purchasing an additional 230 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 14.1% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 2,179 shares of the company’s stock worth $99,000 after purchasing an additional 270 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.2 %

IUSB opened at $45.77 on Friday. The stock has a market cap of $32.56 billion, a PE ratio of 16.77 and a beta of 0.15. The business has a 50 day moving average of $45.50 and a 200-day moving average of $45.94. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1553 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, March 3rd.

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.