iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Short Interest Down 14.1% in October

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 1,580,000 shares, a decrease of 14.1% from the October 15th total of 1,840,000 shares. Based on an average daily trading volume, of 1,537,600 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On iShares 3-7 Year Treasury Bond ETF

A number of institutional investors have recently bought and sold shares of IEI. Captrust Financial Advisors grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 17,868.4% during the third quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock valued at $316,671,000 after buying an additional 2,632,906 shares in the last quarter. Jane Street Group LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the 1st quarter valued at about $54,070,000. National Bank of Canada FI increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2,099.1% in the 3rd quarter. National Bank of Canada FI now owns 468,420 shares of the company’s stock valued at $56,025,000 after purchasing an additional 447,119 shares during the period. LPL Financial LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 23.0% in the third quarter. LPL Financial LLC now owns 1,785,428 shares of the company’s stock worth $213,546,000 after purchasing an additional 334,081 shares in the last quarter. Finally, Clarity Financial LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 100.2% during the third quarter. Clarity Financial LLC now owns 539,867 shares of the company’s stock worth $64,571,000 after purchasing an additional 270,178 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI traded up $0.16 on Monday, reaching $116.03. 810,846 shares of the company traded hands, compared to its average volume of 1,571,100. The company’s 50 day moving average is $118.07 and its 200-day moving average is $116.98. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.3203 dividend. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Friday, November 1st. This represents a $3.84 dividend on an annualized basis and a dividend yield of 3.31%.

iShares 3-7 Year Treasury Bond ETF Company Profile

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).