Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Grows By 21.6%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 8,146,976 shares, an increase of 21.6% from the February 26th total of 6,702,103 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily volume of 4,612,313 shares, the short-interest ratio is presently 1.8 days.

Institutional Investors Weigh In On iShares Core Total USD Bond Market ETF

Several large investors have recently bought and sold shares of the company. Diversify Advisory Services LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 11.3% during the third quarter. Diversify Advisory Services LLC now owns 159,983 shares of the company’s stock worth $7,458,000 after buying an additional 16,301 shares in the last quarter. Firestone Capital Management lifted its stake in shares of iShares Core Total USD Bond Market ETF by 3.2% in the third quarter. Firestone Capital Management now owns 354,435 shares of the company’s stock worth $16,556,000 after buying an additional 10,921 shares in the last quarter. Acorn Wealth Advisors LLC acquired a new position in iShares Core Total USD Bond Market ETF during the third quarter worth about $624,000. B. Riley Wealth Advisors Inc. acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter worth about $6,423,000. Finally, First Command Advisory Services Inc. grew its stake in iShares Core Total USD Bond Market ETF by 5.4% during the 3rd quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock valued at $103,268,000 after acquiring an additional 112,933 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.5%

IUSB stock opened at $46.10 on Tuesday. The stock has a market capitalization of $34.67 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm has a 50-day simple moving average of $46.61 and a 200-day simple moving average of $46.69. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.1573 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

iShares Core Total USD Bond Market ETF Company Profile

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.