iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Short Interest Update

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 147,032 shares, a decline of 56.8% from the February 12th total of 340,070 shares. Based on an average trading volume of 414,515 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 414,515 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On iShares Short-Term National Muni Bond ETF

Several hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its stake in shares of iShares Short-Term National Muni Bond ETF by 2.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,309,707 shares of the company’s stock worth $566,971,000 after purchasing an additional 112,381 shares during the last quarter. Allstate Corp grew its stake in iShares Short-Term National Muni Bond ETF by 3,158.4% in the fourth quarter. Allstate Corp now owns 1,547,744 shares of the company’s stock valued at $165,144,000 after purchasing an additional 1,500,244 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares Short-Term National Muni Bond ETF by 7.5% in the second quarter. Captrust Financial Advisors now owns 1,418,214 shares of the company’s stock worth $150,813,000 after purchasing an additional 98,544 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in iShares Short-Term National Muni Bond ETF by 3.0% in the third quarter. Ameriprise Financial Inc. now owns 1,019,871 shares of the company’s stock worth $108,598,000 after purchasing an additional 29,842 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its position in shares of iShares Short-Term National Muni Bond ETF by 5.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 674,815 shares of the company’s stock valued at $72,003,000 after buying an additional 32,165 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Price Performance

iShares Short-Term National Muni Bond ETF stock traded up $0.11 during trading hours on Friday, hitting $106.95. The company had a trading volume of 247,869 shares, compared to its average volume of 623,462. The company has a 50-day moving average price of $107.15 and a two-hundred day moving average price of $106.85. iShares Short-Term National Muni Bond ETF has a 1 year low of $104.02 and a 1 year high of $107.51.

About iShares Short-Term National Muni Bond ETF

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.