Short Interest in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Declines By 50.6%

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 335,265 shares, a decline of 50.6% from the June 30th total of 678,335 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 1,556,733 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ICSH. Heck Capital Advisors LLC boosted its stake in iShares Ultra Short-Term Bond Active ETF by 58.7% during the 2nd quarter. Heck Capital Advisors LLC now owns 26,689 shares of the company’s stock valued at $1,350,000 after purchasing an additional 9,869 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 11.4% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 16,169 shares of the company’s stock worth $818,000 after buying an additional 1,653 shares in the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 2nd quarter worth $312,000. Matrix Trust Co lifted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 34.9% in the second quarter. Matrix Trust Co now owns 37,965 shares of the company’s stock valued at $1,920,000 after buying an additional 9,830 shares during the period. Finally, Hennion & Walsh Asset Management Inc. lifted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 13.2% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 21,991 shares of the company’s stock valued at $1,112,000 after buying an additional 2,571 shares during the period.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.0%

ICSH stock opened at $50.53 on Wednesday. The company has a 50-day simple moving average of $50.50 and a 200 day simple moving average of $50.57. iShares Ultra Short-Term Bond Active ETF has a fifty-two week low of $50.40 and a fifty-two week high of $50.77.

About iShares Ultra Short-Term Bond Active ETF

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.