iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Down 17.0% in November

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the target of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 286,300 shares, a decline of 17.0% from the November 15th total of 345,000 shares. Based on an average daily volume of 318,400 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF

Several hedge funds have recently bought and sold shares of the business. ORG Partners LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF in the second quarter valued at about $30,000. Larson Financial Group LLC increased its holdings in shares of 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 during the period. Bogart Wealth LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% in the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after purchasing an additional 287 shares in the last quarter. Rothschild Investment LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at $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 Price Performance

ISTB opened at $47.92 on Friday. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $46.65 and a 12 month high of $48.75. The stock has a market cap of $4.08 billion, a P/E ratio of 16.72 and a beta of 0.07. The stock’s 50 day moving average price is $48.02 and its 200 day moving average price is $47.96.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were given a $0.1635 dividend. The ex-dividend date was Monday, December 2nd. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous dividend of $0.16.

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.