iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sees Significant Decline in Short Interest

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 1,240,000 shares, a decrease of 14.5% from the January 15th total of 1,450,000 shares. Based on an average daily volume of 1,447,600 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On iShares 3-7 Year Treasury Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. SeaCrest Wealth Management LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $246,000. Good Life Advisors LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $844,000. Global Retirement Partners LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 8.2% in the 3rd quarter. Global Retirement Partners LLC now owns 14,414 shares of the company’s stock valued at $1,724,000 after buying an additional 1,096 shares during the last quarter. Stratos Wealth Advisors LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 20.5% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 56,685 shares of the company’s stock valued at $6,780,000 after buying an additional 9,658 shares during the last quarter. Finally, Stratos Investment Management LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $223,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.3 %

Shares of IEI opened at $116.04 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $113.16 and a 12-month high of $120.33. The business has a 50-day simple moving average of $115.67 and a two-hundred day simple moving average of $117.19.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3292 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31.

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).