Short Interest in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Decreases By 91.8%

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 178,572 shares, a decline of 91.8% from the January 15th total of 2,187,346 shares. Based on an average daily volume of 590,499 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 590,499 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp increased its holdings in iShares Short-Term National Muni Bond ETF by 2.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,309,707 shares of the company’s stock worth $566,971,000 after acquiring an additional 112,381 shares in the last quarter. TIAA Trust National Association grew its position in shares of iShares Short-Term National Muni Bond ETF by 9.0% in the second quarter. TIAA Trust National Association now owns 3,412,277 shares of the company’s stock valued at $362,861,000 after purchasing an additional 281,169 shares during the period. Allstate Corp increased its stake in shares of iShares Short-Term National Muni Bond ETF by 3,158.4% during the fourth quarter. Allstate Corp now owns 1,547,744 shares of the company’s stock worth $165,144,000 after purchasing an additional 1,500,244 shares in the last quarter. Captrust Financial Advisors raised its position in shares of iShares Short-Term National Muni Bond ETF by 7.5% during the 2nd quarter. Captrust Financial Advisors now owns 1,418,214 shares of the company’s stock worth $150,813,000 after purchasing an additional 98,544 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of iShares Short-Term National Muni Bond ETF by 3.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,019,871 shares of the company’s stock worth $108,598,000 after purchasing an additional 29,842 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Stock Performance

NYSEARCA SUB traded up $0.08 during trading hours on Thursday, reaching $107.36. The company’s stock had a trading volume of 391,318 shares, compared to its average volume of 673,076. The company’s 50-day moving average is $106.91 and its two-hundred day moving average is $106.80. iShares Short-Term National Muni Bond ETF has a 1-year low of $104.02 and a 1-year high of $107.40.

iShares Short-Term National Muni Bond ETF Company Profile

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.