Short Interest in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Rises By 430.2%

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 438,500 shares, an increase of 430.2% from the September 30th total of 82,700 shares. Based on an average daily trading volume, of 341,900 shares, the short-interest ratio is currently 1.3 days.

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

A number of large investors have recently made changes to their positions in the stock. ORG Partners LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at approximately $30,000. Bogart Wealth LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% during the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after purchasing an additional 287 shares during the period. Larson Financial Group LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 386.5% during the 2nd quarter. Larson Financial Group LLC now owns 1,012 shares of the company’s stock worth $48,000 after purchasing an additional 804 shares during the last quarter. Rothschild Investment LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at about $57,000. Finally, Family Firm Inc. acquired a new position in iShares Core 1-5 Year USD Bond ETF in the second quarter valued at about $68,000.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.1 %

Shares of iShares Core 1-5 Year USD Bond ETF stock traded down $0.04 during mid-day trading on Friday, reaching $48.08. 338,438 shares of the stock traded hands, compared to its average volume of 395,267. The business has a 50-day moving average of $48.40 and a 200 day moving average of $47.75. The stock has a market capitalization of $4.08 billion, a PE ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $45.37 and a fifty-two week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.1598 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.