Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Rises By 382.9%
by Teresa Graham · The Cerbat GemiShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Get Free Report) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 2,919,482 shares, a growth of 382.9% from the November 30th total of 604,576 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 2,794,970 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 2,794,970 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the company’s stock are short sold.
iShares Core Total USD Bond Market ETF Stock Performance
Shares of NASDAQ:IUSB traded up $0.01 on Friday, hitting $46.63. 2,454,010 shares of the company’s stock were exchanged, compared to its average volume of 3,100,664. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.20. The company has a market capitalization of $33.14 billion, a PE ratio of 10.80 and a beta of 0.26. The firm’s 50-day moving average is $46.76 and its 200 day moving average is $46.42.
iShares Core Total USD Bond Market ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.1648 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Friday, December 19th.
Institutional Trading of iShares Core Total USD Bond Market ETF
Institutional investors have recently modified their holdings of the stock. Team Financial Group LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 54.4% in the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after buying an additional 218 shares during the last quarter. Snider Financial Group boosted its stake in iShares Core Total USD Bond Market ETF by 3.6% in the third quarter. Snider Financial Group now owns 6,580 shares of the company’s stock valued at $307,000 after acquiring an additional 231 shares in the last quarter. Morris Financial Concepts Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 1.2% during the second quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock worth $957,000 after purchasing an additional 239 shares during the last quarter. Leavell Investment Management Inc. increased its position in shares of iShares Core Total USD Bond Market ETF by 0.6% during the third quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock worth $1,893,000 after purchasing an additional 240 shares in the last quarter. Finally, Linscomb Wealth Inc. increased its position in shares of iShares Core Total USD Bond Market ETF by 0.8% during the third quarter. Linscomb Wealth Inc. now owns 31,738 shares of the company’s stock worth $1,482,000 after purchasing an additional 264 shares in the last quarter.
iShares Core Total USD Bond Market ETF Company Profile
The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.