Short Interest in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Declines By 57.2%

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 659,727 shares, a decline of 57.2% from the April 30th total of 1,541,234 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,559,280 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On iShares Ultra Short-Term Bond Active ETF

Several large investors have recently added to or reduced their stakes in the stock. Sheets Smith Wealth Management boosted its position in iShares Ultra Short-Term Bond Active ETF by 0.5% in the 4th quarter. Sheets Smith Wealth Management now owns 45,062 shares of the company’s stock valued at $2,279,000 after buying an additional 204 shares during the period. Jaffetilchin Investment Partners LLC boosted its position in iShares Ultra Short-Term Bond Active ETF by 1.4% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 18,177 shares of the company’s stock valued at $919,000 after buying an additional 247 shares during the period. Johnson Bixby & Associates LLC boosted its position in iShares Ultra Short-Term Bond Active ETF by 3.2% in the 4th quarter. Johnson Bixby & Associates LLC now owns 8,094 shares of the company’s stock valued at $409,000 after buying an additional 254 shares during the period. TD Waterhouse Canada Inc. boosted its position in iShares Ultra Short-Term Bond Active ETF by 5.1% in the 4th quarter. TD Waterhouse Canada Inc. now owns 5,254 shares of the company’s stock valued at $266,000 after buying an additional 254 shares during the period. Finally, Vista Investment Management boosted its position in iShares Ultra Short-Term Bond Active ETF by 0.6% in the 3rd quarter. Vista Investment Management now owns 47,899 shares of the company’s stock valued at $2,431,000 after buying an additional 296 shares during the period.

iShares Ultra Short-Term Bond Active ETF Price Performance

iShares Ultra Short-Term Bond Active ETF stock opened at $50.60 on Friday. iShares Ultra Short-Term Bond Active ETF has a 1 year low of $50.45 and a 1 year high of $50.77. The firm has a 50-day moving average of $50.55 and a two-hundred day moving average of $50.60.

About iShares Ultra Short-Term Bond Active ETF

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.