iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Short Interest Up 190.2% in June

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 678,335 shares, a growth of 190.2% from the June 15th total of 233,786 shares. Based on an average daily volume of 1,178,249 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.6% of the shares of the stock are sold short.

Institutional Trading of iShares Ultra Short-Term Bond Active ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC raised its position in iShares Ultra Short-Term Bond Active ETF by 6.1% in the 3rd 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. Snider Financial Group lifted its stake in iShares Ultra Short-Term Bond Active ETF by 27.4% in the fourth quarter. Snider Financial Group now owns 204,604 shares of the company’s stock worth $10,349,000 after purchasing an additional 43,993 shares during the last quarter. Guidance Capital Inc. boosted its position in iShares Ultra Short-Term Bond Active ETF by 13.6% during the fourth quarter. Guidance Capital Inc. now owns 208,358 shares of the company’s stock valued at $10,557,000 after buying an additional 24,967 shares during the period. CWM LLC boosted its position in iShares Ultra Short-Term Bond Active ETF by 17.5% during the fourth quarter. CWM LLC now owns 439,455 shares of the company’s stock valued at $22,228,000 after buying an additional 65,294 shares during the period. Finally, Legacy Wealth Managment LLC ID boosted its position in iShares Ultra Short-Term Bond Active ETF by 80.4% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 189,695 shares of the company’s stock valued at $9,595,000 after buying an additional 84,531 shares during the period.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of iShares Ultra Short-Term Bond Active ETF stock opened at $50.45 on Tuesday. The business’s 50-day moving average price is $50.50 and its 200-day moving average price is $50.57. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $50.40 and a 12 month high of $50.77.

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.