iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Update

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,010,000 shares, a growth of 213.2% from the December 15th total of 322,500 shares. Based on an average daily volume of 367,000 shares, the short-interest ratio is presently 2.8 days.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ ISTB traded up $0.17 during midday trading on Wednesday, reaching $47.80. 278,965 shares of the company traded hands, compared to its average volume of 408,407. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The stock has a 50-day moving average price of $47.84 and a 200 day moving average price of $48.03. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $46.65 and a 52 week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.1587 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date of this dividend was Wednesday, December 18th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. CWM LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 1.4% during the 3rd quarter. CWM LLC now owns 16,189 shares of the company’s stock valued at $788,000 after purchasing an additional 226 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in iShares Core 1-5 Year USD Bond ETF by 0.3% during the third quarter. Rockefeller Capital Management L.P. now owns 90,848 shares of the company’s stock worth $4,422,000 after acquiring an additional 236 shares during the period. FC Advisory LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 0.8% in the fourth quarter. FC Advisory LLC now owns 31,286 shares of the company’s stock worth $1,495,000 after acquiring an additional 244 shares in the last quarter. Bogart Wealth LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 40.7% in the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after acquiring an additional 287 shares during the last quarter. Finally, Luts & Greenleigh Group Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% in the 3rd quarter. Luts & Greenleigh Group Inc. now owns 25,907 shares of the company’s stock worth $1,261,000 after purchasing an additional 291 shares during the last quarter.

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.