iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Down 80.9% in July

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 54,059 shares, a drop of 80.9% from the July 15th total of 282,889 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 397,205 shares, the days-to-cover ratio is currently 0.1 days.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.0%

Shares of ISTB opened at $47.97 on Wednesday. The company’s 50-day moving average price is $48.08 and its 200 day moving average price is $48.38. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.88 and a 12-month high of $49.05. The firm has a market cap of $5.12 billion, a P/E ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.1743 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, August 3rd.

Hedge Funds Weigh In On iShares Core 1-5 Year USD Bond ETF

A number of hedge funds have recently made changes to their positions in ISTB. Concurrent Investment Advisors LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 4.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 4,530 shares of the company’s stock worth $221,000 after acquiring an additional 206 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 1.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 15,426 shares of the company’s stock valued at $753,000 after purchasing an additional 208 shares during the last quarter. Evensky & Katz LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 1.6% during the 4th quarter. Evensky & Katz LLC now owns 13,241 shares of the company’s stock valued at $646,000 after purchasing an additional 208 shares in the last quarter. Centaurus Financial Inc. increased its holdings in iShares Core 1-5 Year USD Bond ETF by 7.6% during the 3rd quarter. Centaurus Financial Inc. now owns 3,759 shares of the company’s stock worth $184,000 after purchasing an additional 265 shares during the last quarter. Finally, Essex Financial Services Inc. increased its holdings in iShares Core 1-5 Year USD Bond ETF by 1.3% during the 4th quarter. Essex Financial Services Inc. now owns 21,350 shares of the company’s stock worth $1,041,000 after purchasing an additional 267 shares during the last quarter.

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.