iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Large Increase in Short Interest
by Scott Moore · The Cerbat GemiShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB – Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 88,571 shares, a growth of 117.7% from the March 31st total of 40,676 shares. Based on an average trading volume of 448,801 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.
Hedge Funds Weigh In On iShares Core 1-5 Year USD Bond ETF
A number of institutional investors have recently bought and sold shares of the stock. Concurrent Investment Advisors LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 4.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 4,530 shares of the company’s stock worth $221,000 after purchasing an additional 206 shares during the period. Evensky & Katz LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 1.6% in the 4th quarter. Evensky & Katz LLC now owns 13,241 shares of the company’s stock worth $646,000 after purchasing an additional 208 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 1.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 15,426 shares of the company’s stock worth $753,000 after purchasing an additional 208 shares during the period. Spire Wealth Management raised its holdings in iShares Core 1-5 Year USD Bond ETF by 37.5% in the 4th quarter. Spire Wealth Management now owns 800 shares of the company’s stock worth $39,000 after purchasing an additional 218 shares during the period. Finally, Bfsg LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 7.4% in the 3rd quarter. Bfsg LLC now owns 3,196 shares of the company’s stock worth $156,000 after purchasing an additional 219 shares during the period.
iShares Core 1-5 Year USD Bond ETF Price Performance
Shares of ISTB traded up $0.06 during trading hours on Friday, hitting $48.56. The stock had a trading volume of 224,960 shares, compared to its average volume of 464,042. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $48.06 and a 12 month high of $49.05. The firm has a market capitalization of $4.75 billion, a PE ratio of 10.99 and a beta of 0.12. The stock has a fifty day moving average price of $48.58 and a 200 day moving average price of $48.72.
iShares Core 1-5 Year USD Bond ETF Dividend Announcement
The company also recently disclosed a dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a $0.1748 dividend. The ex-dividend date of this dividend was Wednesday, April 1st.
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.