Short Interest in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Rises By 12.6%

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 322,500 shares, an increase of 12.6% from the November 30th total of 286,300 shares. Based on an average daily volume of 340,100 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 1.4% in the third quarter. CWM LLC now owns 16,189 shares of the company’s stock valued at $788,000 after purchasing an additional 226 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 0.3% during the third quarter. Rockefeller Capital Management L.P. now owns 90,848 shares of the company’s stock worth $4,422,000 after buying an additional 236 shares in the last quarter. Bogart Wealth LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% in the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after buying an additional 287 shares during the last quarter. Luts & Greenleigh Group Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 1.1% during the third quarter. Luts & Greenleigh Group Inc. now owns 25,907 shares of the company’s stock worth $1,261,000 after buying an additional 291 shares during the period. Finally, Horizon Family Wealth Inc. raised its stake in iShares Core 1-5 Year USD Bond ETF by 0.9% during the second quarter. Horizon Family Wealth Inc. now owns 32,725 shares of the company’s stock worth $1,550,000 after purchasing an additional 307 shares during the period.

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

Shares of ISTB opened at $47.77 on Wednesday. The firm’s fifty day simple moving average is $47.90 and its 200-day simple moving average is $48.01. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $46.65 and a twelve month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1587 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend was Wednesday, December 18th.

About iShares Core 1-5 Year USD Bond ETF

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.