iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Short Interest Up 75.4% in July
by Jessica Moore · The Cerbat GemiShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Get Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 3,070,561 shares, an increase of 75.4% from the June 30th total of 1,751,063 shares. Based on an average daily trading volume, of 1,202,085 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.0% of the shares of the company are short sold.
Institutional Investors Weigh In On iShares 3-7 Year Treasury Bond ETF
Large investors have recently made changes to their positions in the business. HUB Investment Partners LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 25.7% in the 2nd quarter. HUB Investment Partners LLC now owns 2,476 shares of the company’s stock worth $295,000 after acquiring an additional 506 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the second quarter valued at about $5,313,000. Camarda Financial Advisors LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 15.4% during the second quarter. Camarda Financial Advisors LLC now owns 7,843 shares of the company’s stock worth $934,000 after purchasing an additional 1,049 shares during the period. Ameriprise Financial Inc. boosted its position in iShares 3-7 Year Treasury Bond ETF by 11.8% during the second quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after purchasing an additional 290,112 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,793.7% in the second quarter. BNP Paribas Financial Markets now owns 95,405 shares of the company’s stock worth $11,362,000 after purchasing an additional 90,367 shares in the last quarter.
iShares 3-7 Year Treasury Bond ETF Stock Down 0.1%
IEI stock opened at $116.48 on Friday. The business has a 50 day moving average of $117.01 and a 200-day moving average of $118.18. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.07 and a 12-month high of $120.78.
iShares 3-7 Year Treasury Bond ETF Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.3625 dividend. The ex-dividend date of this dividend was Wednesday, July 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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.