iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Short Interest Down 24.2% in March

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEIGet Rating) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,190,000 shares, a decline of 24.2% from the March 15th total of 1,570,000 shares. Based on an average daily trading volume, of 1,777,900 shares, the short-interest ratio is presently 0.7 days.

Several institutional investors and hedge funds have recently modified their holdings of the company. B. Riley Wealth Management Inc. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 3.4% during the 4th quarter. B. Riley Wealth Management Inc. now owns 2,645 shares of the company’s stock valued at $340,000 after purchasing an additional 88 shares during the last quarter. Spire Wealth Management raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% during the 1st quarter. Spire Wealth Management now owns 18,218 shares of the company’s stock valued at $2,224,000 after buying an additional 106 shares during the last quarter. United Capital Financial Advisers LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 3.5% during the 3rd quarter. United Capital Financial Advisers LLC now owns 3,184 shares of the company’s stock valued at $414,000 after buying an additional 108 shares during the last quarter. First Farmers & Merchants Bank Trust raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.1% during the 1st quarter. First Farmers & Merchants Bank Trust now owns 5,776 shares of the company’s stock valued at $705,000 after buying an additional 118 shares during the last quarter. Finally, Resources Investment Advisors LLC. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 6.9% during the 3rd quarter. Resources Investment Advisors LLC. now owns 1,909 shares of the company’s stock valued at $248,000 after buying an additional 124 shares during the last quarter.

NASDAQ:IEI traded down $0.07 during trading hours on Monday, reaching $120.20. The company’s stock had a trading volume of 59,955 shares, compared to its average volume of 1,718,499. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $120.08 and a 12 month high of $132.23. The stock has a 50 day moving average price of $123.61 and a two-hundred day moving average price of $126.78.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 7th. Stockholders of record on Monday, April 4th were issued a dividend of $0.097 per share. This represents a $1.16 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend was Friday, April 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.08.

iShares 3-7 Year Treasury Bond ETF Company Profile (Get Rating)

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).

Further Reading

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