iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sees Large Growth in Short Interest

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 572,025 shares, a growth of 163.3% from the September 15th total of 217,276 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 1,372,478 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On iShares Short-Term National Muni Bond ETF

Several large investors have recently bought and sold shares of the company. Valley Wealth Managers Inc. acquired a new position in shares of iShares Short-Term National Muni Bond ETF in the third quarter valued at approximately $30,000. GAMMA Investing LLC boosted its position in iShares Short-Term National Muni Bond ETF by 4.0% during the third quarter. GAMMA Investing LLC now owns 230,745 shares of the company’s stock worth $24,122,000 after purchasing an additional 8,896 shares in the last quarter. First Community Trust NA acquired a new stake in iShares Short-Term National Muni Bond ETF in the 3rd quarter valued at about $613,000. Rosenberg Matthew Hamilton increased its stake in shares of iShares Short-Term National Muni Bond ETF by 43.1% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 20,494 shares of the company’s stock worth $2,142,000 after purchasing an additional 6,169 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB acquired a new stake in shares of iShares Short-Term National Muni Bond ETF during the third quarter valued at $874,000.

iShares Short-Term National Muni Bond ETF Price Performance

NYSEARCA SUB traded up $0.04 during trading on Monday, hitting $104.83. The company’s stock had a trading volume of 999,411 shares, compared to its average volume of 618,783. iShares Short-Term National Muni Bond ETF has a fifty-two week low of $104.05 and a fifty-two week high of $107.51. The business’s 50 day simple moving average is $105.59 and its 200-day simple moving average is $106.10.

About iShares Short-Term National Muni Bond ETF

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.