iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Up 254.0% in September

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 206,400 shares, a growth of 254.0% from the August 31st total of 58,300 shares. Based on an average daily trading volume, of 351,000 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Centaurus Financial Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at $568,000. Cannon Financial Strategists Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter valued at about $3,812,000. Cim LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 5.5% in the 2nd quarter. Cim LLC now owns 518,722 shares of the company’s stock valued at $25,117,000 after acquiring an additional 27,104 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter worth approximately $227,000. Finally, Regal Investment Advisors LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 30.5% during the 2nd quarter. Regal Investment Advisors LLC now owns 5,621 shares of the company’s stock worth $266,000 after purchasing an additional 1,313 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB traded up $0.08 on Friday, reaching $48.73. 261,963 shares of the company’s stock were exchanged, compared to its average volume of 407,497. The stock has a market cap of $4.22 billion, a PE ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $45.37 and a twelve month high of $48.75. The stock’s fifty day moving average price is $48.27 and its 200-day moving average price is $47.60.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1598 dividend. The ex-dividend date was Tuesday, September 3rd.

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.