iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Short Interest Down 17.4% in December

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,859,665 shares, a decline of 17.4% from the December 15th total of 2,251,769 shares. Based on an average daily volume of 2,301,030 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 2,301,030 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On iShares Core S&P Total U.S. Stock Market ETF

A number of large investors have recently modified their holdings of the stock. Blue Bell Private Wealth Management LLC lifted its holdings in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.6% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 4,669 shares of the company’s stock worth $680,000 after acquiring an additional 72 shares during the period. Rossby Financial LCC raised its position in iShares Core S&P Total U.S. Stock Market ETF by 9.3% during the third quarter. Rossby Financial LCC now owns 868 shares of the company’s stock valued at $127,000 after purchasing an additional 74 shares in the last quarter. Harbor Investment Advisory LLC raised its position in iShares Core S&P Total U.S. Stock Market ETF by 1.4% during the third quarter. Harbor Investment Advisory LLC now owns 6,129 shares of the company’s stock valued at $893,000 after purchasing an additional 84 shares in the last quarter. GSB Wealth Management LLC lifted its stake in iShares Core S&P Total U.S. Stock Market ETF by 0.6% during the second quarter. GSB Wealth Management LLC now owns 16,739 shares of the company’s stock worth $2,260,000 after purchasing an additional 93 shares during the last quarter. Finally, ORG Partners LLC lifted its stake in iShares Core S&P Total U.S. Stock Market ETF by 4.2% during the third quarter. ORG Partners LLC now owns 2,288 shares of the company’s stock worth $333,000 after purchasing an additional 93 shares during the last quarter.

iShares Core S&P Total U.S. Stock Market ETF Stock Performance

Shares of ITOT stock opened at $148.57 on Wednesday. iShares Core S&P Total U.S. Stock Market ETF has a 52 week low of $105.00 and a 52 week high of $152.38. The stock has a market capitalization of $80.52 billion, a PE ratio of 24.36 and a beta of 1.02. The stock’s fifty day moving average is $148.88 and its 200-day moving average is $144.82.

About iShares Core S&P Total U.S. Stock Market ETF

The iShares Core S&P Total U.S. Stock Market ETF (ITOT) is an exchange-traded fund that is based on the S&P TMI index. The fund tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ITOT was launched on Jan 20, 2004 and is managed by BlackRock.