iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Up 194.4% in August

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 159,137 shares, an increase of 194.4% from the July 30th total of 54,059 shares. Based on an average daily volume of 521,625 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Acorns Advisers LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 5.1% during the 4th quarter. Acorns Advisers LLC now owns 11,554,781 shares of the company’s stock valued at $563,296,000 after purchasing an additional 562,194 shares during the period. State of Wisconsin Investment Board lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.4% in the fourth quarter. State of Wisconsin Investment Board now owns 5,312,625 shares of the company’s stock valued at $258,990,000 after buying an additional 71,400 shares during the period. Raymond James Financial Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 5.2% during the fourth quarter. Raymond James Financial Inc. now owns 2,223,386 shares of the company’s stock valued at $108,390,000 after buying an additional 110,022 shares in the last quarter. SHP Wealth Management bought a new position in iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at about $70,668,000. Finally, Spinnaker Trust grew its holdings in iShares Core 1-5 Year USD Bond ETF by 2.9% during the fourth quarter. Spinnaker Trust now owns 1,384,279 shares of the company’s stock worth $67,484,000 after acquiring an additional 38,402 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB traded down $0.11 during trading on Friday, reaching $47.99. The company had a trading volume of 257,178 shares, compared to its average volume of 480,854. The firm’s fifty day moving average is $48.06 and its 200 day moving average is $48.31. The firm has a market capitalization of $5.13 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $47.88 and a twelve month high of $49.05.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a dividend of $0.1743 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.4%.

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.