Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Grows By 235.5%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 1,550,000 shares, a growth of 235.5% from the June 30th total of 462,000 shares. Based on an average trading volume of 2,167,300 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust acquired a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $27,000. Planned Solutions Inc. acquired a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $28,000. Pineridge Advisors LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at approximately $28,000. Simplex Trading LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at approximately $30,000. Finally, Capital Investment Advisory Services LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 23,333.3% in the 1st quarter. Capital Investment Advisory Services LLC now owns 703 shares of the company’s stock valued at $32,000 after purchasing an additional 700 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB traded up $0.18 during midday trading on Friday, hitting $45.77. 1,494,670 shares of the company’s stock were exchanged, compared to its average volume of 2,815,290. iShares Core Total USD Bond Market ETF has a twelve month low of $42.56 and a twelve month high of $46.35. The firm’s fifty day simple moving average is $45.34 and its 200-day simple moving average is $45.26.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a dividend of $0.152 per share. This represents a $1.82 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend was Monday, July 1st.

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.