iShares Core International Aggregate Bond ETF (BATS:IAGG) Shares Shorted: Short Interest Up 754.6% in September

iShares Core International Aggregate Bond ETF (BATS:IAGG) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 9,292,658 shares, an increase of 754.6% from the September 15th total of 1,087,321 shares. Currently, 4.5% of the company’s shares are sold short. Based on an average daily volume of 3,442,857 shares, the days-to-cover ratio is currently 2.7 days.

iShares Core International Aggregate Bond ETF Stock Performance

Shares of IAGG opened at $49.17 on Monday. iShares Core International Aggregate Bond ETF has a fifty-two week low of $48.81 and a fifty-two week high of $51.83. The company’s fifty day moving average is $49.58 and its two-hundred day moving average is $49.88.

iShares Core International Aggregate Bond ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3151 per share. This represents a $1.26 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares Core International Aggregate Bond ETF’s previous quarterly dividend of $0.4153.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. WealthNavi Inc. increased its stake in iShares Core International Aggregate Bond ETF by 19.9% during the first quarter. WealthNavi Inc. now owns 6,048,314 shares of the company’s stock worth $302,658,000 after acquiring an additional 1,001,984 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares Core International Aggregate Bond ETF by 17.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,588,557 shares of the company’s stock worth $79,491,000 after purchasing an additional 236,782 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of iShares Core International Aggregate Bond ETF by 12.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,455,696 shares of the company’s stock valued at $72,843,000 after purchasing an additional 158,360 shares in the last quarter. Financial Gravity Asset Management Inc. lifted its stake in shares of iShares Core International Aggregate Bond ETF by 8.3% in the 4th quarter. Financial Gravity Asset Management Inc. now owns 612,666 shares of the company’s stock valued at $30,639,000 after purchasing an additional 47,097 shares in the last quarter. Finally, Amarillo National Bank lifted its stake in shares of iShares Core International Aggregate Bond ETF by 4.0% in the 1st quarter. Amarillo National Bank now owns 596,651 shares of the company’s stock valued at $29,856,000 after purchasing an additional 22,904 shares in the last quarter.

iShares Core International Aggregate Bond ETF Company Profile

The iShares Core International Aggregate Bond ETF (IAGG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index composed of global non-U.S. dollar denominated investment grade bonds, hedged against currency fluctuations for USD investors. IAGG was launched on Nov 10, 2015 and is managed by BlackRock.