Short Interest in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Increases By 159.0%

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 210,176 shares, a growth of 159.0% from the December 31st total of 81,159 shares. Based on an average daily trading volume, of 510,546 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 510,546 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of iShares Core 1-5 Year USD Bond ETF

Institutional investors have recently made changes to their positions in the stock. CoreCap Advisors LLC boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 174.1% in the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after acquiring an additional 458 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at about $37,000. Spire Wealth Management grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% during 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. Rothschild Investment LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 41.8% during the 3rd quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock worth $83,000 after purchasing an additional 500 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 1,394.0% in the second quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock valued at $85,000 after buying an additional 1,631 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock traded up $0.04 during trading hours on Friday, reaching $48.89. 293,577 shares of the company were exchanged, compared to its average volume of 532,159. The stock’s fifty day moving average is $48.78 and its 200 day moving average is $48.75. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.73 and a 1 year high of $48.99. The firm has a market cap of $4.77 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.1699 per share. This represents a c) annualized dividend and a yield of 4.2%. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Friday, December 19th.

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.