iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Sees Significant Growth in Short Interest

iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,068,639 shares, an increase of 31.0% from the December 15th total of 815,838 shares. Based on an average trading volume of 1,257,180 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the shares of the stock are sold short. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 1,257,180 shares, the short-interest ratio is currently 0.9 days.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $51.90 on Tuesday. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $49.10 and a fifty-two week high of $52.72. The stock’s fifty day moving average is $51.94 and its two-hundred day moving average is $51.85.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.2062 dividend. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Friday, December 19th.

Institutional Investors Weigh In On iShares Broad USD Investment Grade Corporate Bond ETF

A number of large investors have recently bought and sold shares of the stock. Farmers & Merchants Investments Inc. acquired a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the second quarter worth $31,000. Thompson Investment Management Inc. acquired a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the 3rd quarter worth about $38,000. CoreCap Advisors LLC grew its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 206.2% during the third quarter. CoreCap Advisors LLC now owns 741 shares of the company’s stock worth $39,000 after buying an additional 499 shares in the last quarter. Trust Co. of Vermont grew its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 184.7% during the third quarter. Trust Co. of Vermont now owns 874 shares of the company’s stock worth $46,000 after buying an additional 567 shares in the last quarter. Finally, SOA Wealth Advisors LLC. acquired a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the second quarter valued at approximately $51,000.

iShares Broad USD Investment Grade Corporate Bond ETF Company Profile

The iShares Broad USD Investment Grade Corporate Bond ETF (USIG) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated, investment-grade corporate debt. USIG was launched on Jan 5, 2007 and is managed by BlackRock.