iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Significant Growth in Short Interest

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 438,500 shares, a growth of 430.2% from the September 30th total of 82,700 shares. Based on an average daily trading volume, of 341,900 shares, the short-interest ratio is presently 1.3 days.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock traded down $0.04 during trading on Friday, reaching $48.08. 338,438 shares of the company traded hands, compared to its average volume of 395,267. The company has a market capitalization of $4.08 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The business has a 50 day simple moving average of $48.40 and a 200 day simple moving average of $47.75. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $45.37 and a 12 month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1598 per share. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares Core 1-5 Year USD Bond ETF

Large investors have recently made changes to their positions in the business. Meeder Asset Management Inc. increased its position in iShares Core 1-5 Year USD Bond ETF by 5.6% during the 1st quarter. Meeder Asset Management Inc. now owns 112,202 shares of the company’s stock valued at $5,323,000 after buying an additional 5,946 shares in the last quarter. Rothschild Investment LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at approximately $57,000. NewEdge Advisors LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% in the 2nd quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock valued at $1,367,000 after acquiring an additional 6,090 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 8.3% in the second quarter. Thrivent Financial for Lutherans now owns 218,033 shares of the company’s stock worth $10,328,000 after acquiring an additional 16,622 shares during the period. Finally, Founders Financial Securities LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% in the second quarter. Founders Financial Securities LLC now owns 287,235 shares of the company’s stock worth $13,606,000 after acquiring an additional 13,418 shares during the period.

About iShares Core 1-5 Year USD Bond ETF

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.