iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Down 59.9% in September

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 82,700 shares, a decline of 59.9% from the September 15th total of 206,400 shares. Based on an average trading volume of 342,100 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ORG Partners LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth about $30,000. Larson Financial Group LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 386.5% during the 2nd quarter. Larson Financial Group LLC now owns 1,012 shares of the company’s stock worth $48,000 after purchasing an additional 804 shares in the last quarter. Pacifica Partners Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 102.3% during the 1st quarter. Pacifica Partners Inc. now owns 1,038 shares of the company’s stock worth $49,000 after purchasing an additional 525 shares in the last quarter. Rothschild Investment LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth approximately $57,000. Finally, Family Firm Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth approximately $68,000.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1 %

iShares Core 1-5 Year USD Bond ETF stock traded up $0.03 on Friday, hitting $48.21. The company’s stock had a trading volume of 9,223 shares, compared to its average volume of 401,376. The firm has a market cap of $4.07 billion, a P/E ratio of 16.72 and a beta of 0.07. The company has a fifty day moving average price of $48.39 and a 200-day moving average price of $47.68. iShares Core 1-5 Year USD Bond ETF has a one year low of $45.37 and a one year high of $48.75.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.1598 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares Core 1-5 Year USD Bond ETF Company Profile

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.