iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Sees Significant Increase in Short Interest

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Get Rating) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 743,200 shares, an increase of 147.0% from the March 15th total of 300,900 shares. Based on an average daily volume of 2,348,600 shares, the days-to-cover ratio is presently 0.3 days.

A number of hedge funds and other institutional investors have recently modified their holdings of IUSB. FMR LLC lifted its position in iShares Core Total USD Bond Market ETF by 32,433.3% during the 1st quarter. FMR LLC now owns 1,952 shares of the company’s stock worth $99,000 after buying an additional 1,946 shares in the last quarter. OLD Mission Capital LLC lifted its position in iShares Core Total USD Bond Market ETF by 21.2% during the 3rd quarter. OLD Mission Capital LLC now owns 18,083 shares of the company’s stock worth $983,000 after buying an additional 3,167 shares in the last quarter. Morgan Stanley lifted its position in iShares Core Total USD Bond Market ETF by 15.9% during the 2nd quarter. Morgan Stanley now owns 10,216,789 shares of the company’s stock worth $546,497,000 after buying an additional 1,397,989 shares in the last quarter. Stephens Inc. AR lifted its position in iShares Core Total USD Bond Market ETF by 24.0% during the 3rd quarter. Stephens Inc. AR now owns 53,645 shares of the company’s stock worth $2,856,000 after buying an additional 10,400 shares in the last quarter. Finally, Destiny Wealth Partners LLC acquired a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $34,000.

Shares of NASDAQ IUSB opened at $48.20 on Friday. The firm’s 50-day simple moving average is $49.95 and its 200 day simple moving average is $51.76. iShares Core Total USD Bond Market ETF has a 12-month low of $48.20 and a 12-month high of $54.09.

The business also recently declared a monthly dividend, which was paid on Thursday, April 7th. Investors of record on Monday, April 4th were given a dividend of $0.089 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, April 1st. This represents a $1.07 annualized dividend and a yield of 2.22%.

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