iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Short Interest Update

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,066,516 shares, an increase of 33.5% from the January 15th total of 798,938 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 1,484,823 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 1,484,823 shares, the short-interest ratio is currently 0.7 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IEI. Blue Trust Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 45.1% in the 2nd quarter. Blue Trust Inc. now owns 537 shares of the company’s stock worth $64,000 after purchasing an additional 167 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 56.9% in the second quarter. Allspring Global Investments Holdings LLC now owns 91,172 shares of the company’s stock valued at $10,858,000 after buying an additional 33,081 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 58.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,417 shares of the company’s stock worth $645,000 after buying an additional 2,007 shares during the period. Mutual Advisors LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 13.6% during the 2nd quarter. Mutual Advisors LLC now owns 5,850 shares of the company’s stock valued at $692,000 after buying an additional 699 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 29.9% during the 2nd quarter. Allianz Asset Management GmbH now owns 200,300 shares of the company’s stock valued at $23,854,000 after buying an additional 46,100 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI traded down $0.06 on Tuesday, hitting $120.08. 1,252,547 shares of the company’s stock traded hands, compared to its average volume of 1,706,679. The firm’s 50-day moving average price is $119.36 and its two-hundred day moving average price is $119.50. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $115.72 and a 1-year high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.367 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

iShares 3-7 Year Treasury Bond ETF Company Profile

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.