Short Interest in iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Expands By 33.6%

iShares U.S. Regional Banks ETF (NYSEARCA:IAT) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 196,049 shares, an increase of 33.6% from the December 31st total of 146,699 shares. Based on an average trading volume of 259,274 shares, the short-interest ratio is presently 0.8 days. Approximately 1.9% of the company’s shares are sold short. Approximately 1.9% of the company’s shares are sold short. Based on an average trading volume of 259,274 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Sigma Planning Corp grew its holdings in iShares U.S. Regional Banks ETF by 34.7% in the fourth quarter. Sigma Planning Corp now owns 13,690 shares of the company’s stock worth $755,000 after purchasing an additional 3,525 shares during the period. Comerica Bank raised its holdings in shares of iShares U.S. Regional Banks ETF by 371.7% during the fourth quarter. Comerica Bank now owns 9,330 shares of the company’s stock valued at $515,000 after purchasing an additional 7,352 shares during the period. UBS Group AG boosted its position in shares of iShares U.S. Regional Banks ETF by 3.5% during the 4th quarter. UBS Group AG now owns 140,853 shares of the company’s stock worth $7,768,000 after purchasing an additional 4,717 shares in the last quarter. High Net Worth Advisory Group LLC boosted its position in shares of iShares U.S. Regional Banks ETF by 28.0% during the 4th quarter. High Net Worth Advisory Group LLC now owns 9,140 shares of the company’s stock worth $504,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Register Financial Advisors LLC acquired a new stake in shares of iShares U.S. Regional Banks ETF in the 4th quarter valued at about $39,000.

iShares U.S. Regional Banks ETF Stock Performance

Shares of NYSEARCA:IAT traded down $0.06 during midday trading on Friday, reaching $58.01. The company’s stock had a trading volume of 170,110 shares, compared to its average volume of 261,676. iShares U.S. Regional Banks ETF has a fifty-two week low of $38.30 and a fifty-two week high of $59.44. The firm has a 50 day moving average price of $55.74 and a two-hundred day moving average price of $52.87. The firm has a market capitalization of $614.91 million, a price-to-earnings ratio of 12.39 and a beta of 0.96.

About iShares U.S. Regional Banks ETF

The iShares U.S. Regional Banks ETF (IAT) is an exchange-traded fund that is based on the DJ US Select \u002F Regional Banks index. The fund tracks the performance of an index of small- and mid-cap regional banks. IAT was launched on May 1, 2006 and is managed by BlackRock.