iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Short Interest Update

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,810,000 shares, an increase of 14.6% from the October 31st total of 1,580,000 shares. Based on an average daily volume of 1,534,800 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors Weigh In On iShares 3-7 Year Treasury Bond ETF

A number of hedge funds have recently bought and sold shares of IEI. Bogart Wealth LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 400.0% during the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after purchasing an additional 180 shares in the last quarter. Coston McIsaac & Partners grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% in the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after acquiring an additional 156 shares in the last quarter. Richardson Financial Services Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after acquiring an additional 252 shares in the last quarter. Rothschild Investment LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $38,000. Finally, Castleview Partners LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 65.2% in the 3rd quarter. Castleview Partners LLC now owns 337 shares of the company’s stock worth $40,000 after acquiring an additional 133 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI traded down $0.04 during mid-day trading on Monday, hitting $116.78. 1,195,017 shares of the company traded hands, compared to its average volume of 1,556,340. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $113.16 and a 52-week high of $120.33. The firm’s 50 day simple moving average is $117.30 and its 200 day simple moving average is $117.13.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.3111 per share. The ex-dividend date of this dividend is Monday, December 2nd.

iShares 3-7 Year Treasury Bond ETF Company Profile

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).