iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Short Interest Update

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 340,070 shares, a growth of 90.4% from the January 29th total of 178,572 shares. Based on an average daily volume of 434,237 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 434,237 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Allstate Corp boosted its position in iShares Short-Term National Muni Bond ETF by 3,158.4% during the fourth quarter. Allstate Corp now owns 1,547,744 shares of the company’s stock worth $165,144,000 after purchasing an additional 1,500,244 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares Short-Term National Muni Bond ETF by 20.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,197,326 shares of the company’s stock worth $552,684,000 after purchasing an additional 870,595 shares during the period. Nisa Investment Advisors LLC boosted its stake in iShares Short-Term National Muni Bond ETF by 220.5% in the 3rd quarter. Nisa Investment Advisors LLC now owns 642,650 shares of the company’s stock worth $68,622,000 after purchasing an additional 442,145 shares during the period. Crestwood Advisors Group LLC grew its holdings in iShares Short-Term National Muni Bond ETF by 730.8% during the 2nd quarter. Crestwood Advisors Group LLC now owns 397,823 shares of the company’s stock valued at $42,304,000 after buying an additional 349,936 shares in the last quarter. Finally, TIAA Trust National Association increased its position in shares of iShares Short-Term National Muni Bond ETF by 9.0% during the second quarter. TIAA Trust National Association now owns 3,412,277 shares of the company’s stock valued at $362,861,000 after buying an additional 281,169 shares during the period.

iShares Short-Term National Muni Bond ETF Stock Performance

iShares Short-Term National Muni Bond ETF stock opened at $107.44 on Monday. iShares Short-Term National Muni Bond ETF has a fifty-two week low of $104.02 and a fifty-two week high of $107.51. The firm’s 50-day simple moving average is $107.09 and its 200 day simple moving average is $106.85.

iShares Short-Term National Muni Bond ETF Company Profile

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.