Short Interest in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Increases By 445.7%

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 81,159 shares, an increase of 445.7% from the December 15th total of 14,873 shares. Based on an average daily volume of 353,531 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 353,531 shares, the short-interest ratio is presently 0.2 days.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1%

Shares of NASDAQ:ISTB traded up $0.03 during trading on Wednesday, hitting $48.83. 184,319 shares of the stock traded hands, compared to its average volume of 336,049. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The company has a fifty day moving average price of $48.77 and a two-hundred day moving average price of $48.72. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.73 and a 52-week high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.1699 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 4.2%.

Hedge Funds Weigh In On iShares Core 1-5 Year USD Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. CoreCap Advisors LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 174.1% in the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after purchasing an additional 458 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF during the second quarter worth $37,000. Spire Wealth Management lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 37.5% during the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after purchasing an additional 218 shares in the last quarter. Rothschild Investment LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 41.8% in the third quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock valued at $83,000 after purchasing an additional 500 shares during the period. Finally, Assetmark Inc. increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1,394.0% during the second quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock worth $85,000 after purchasing an additional 1,631 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.