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 large decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,580,000 shares, a decline of 14.1% from the October 15th total of 1,840,000 shares. Based on an average daily volume of 1,537,600 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

Several hedge funds have recently modified their holdings of the company. Bogart Wealth LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 400.0% during the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after purchasing an additional 180 shares in the last quarter. Coston McIsaac & Partners lifted its position in iShares 3-7 Year Treasury Bond ETF by 113.0% during the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after buying an additional 156 shares in the last quarter. Richardson Financial Services Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 494.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after acquiring an additional 252 shares during the last quarter. Abich Financial Wealth Management LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 2,264.3% in the 1st quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock valued at $38,000 after acquiring an additional 317 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter worth about $38,000.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.1 %

Shares of IEI traded up $0.16 during mid-day trading on Monday, reaching $116.03. The company had a trading volume of 891,612 shares, compared to its average volume of 1,571,100. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $113.16 and a twelve month high of $120.33. 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 Increases Dividend

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

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).