iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Short Interest Update

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 35,658 shares, a drop of 46.0% from the June 15th total of 66,078 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 42,110 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of iShares Core 5-10 Year USD Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada lifted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 119.7% in the first quarter. Royal Bank of Canada now owns 50,156 shares of the company’s stock worth $2,177,000 after acquiring an additional 27,330 shares in the last quarter. Jane Street Group LLC grew its stake in iShares Core 5-10 Year USD Bond ETF by 59.4% during the 1st quarter. Jane Street Group LLC now owns 31,604 shares of the company’s stock valued at $1,372,000 after purchasing an additional 11,774 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Core 5-10 Year USD Bond ETF by 27.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 85,187 shares of the company’s stock worth $3,717,000 after purchasing an additional 18,539 shares during the last quarter. Raymond James Financial Inc. increased its holdings in iShares Core 5-10 Year USD Bond ETF by 80.1% during the 2nd quarter. Raymond James Financial Inc. now owns 40,155 shares of the company’s stock worth $1,752,000 after purchasing an additional 17,864 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in iShares Core 5-10 Year USD Bond ETF by 3.9% during the 2nd quarter. Bank of America Corp DE now owns 283,154 shares of the company’s stock worth $12,354,000 after purchasing an additional 10,696 shares during the last quarter.

iShares Core 5-10 Year USD Bond ETF Stock Performance

iShares Core 5-10 Year USD Bond ETF stock traded up $0.04 during midday trading on Friday, hitting $43.32. 8,317 shares of the stock were exchanged, compared to its average volume of 28,202. iShares Core 5-10 Year USD Bond ETF has a 1 year low of $42.97 and a 1 year high of $44.83. The company has a 50 day moving average price of $43.47 and a two-hundred day moving average price of $43.89.

iShares Core 5-10 Year USD Bond ETF Company Profile

The iShares Core 5-10 Year USD Bond ETF (IMTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted, USD-denominated broad bond index with maturities between five and ten years. Eligible sectors include US Treasurys, global government-related bonds, global investment-grade and high yield corporate bonds, and emerging market bonds. IMTB was launched on Nov 1, 2016 and is managed by BlackRock.