iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Short Interest Update

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 220,461 shares, a decrease of 66.6% from the May 14th total of 659,727 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 1,268,692 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Parallel Advisors LLC grew its position in iShares Ultra Short-Term Bond Active ETF by 2.1% in the first quarter. Parallel Advisors LLC now owns 318,484 shares of the company’s stock valued at $16,122,000 after acquiring an additional 6,578 shares during the period. NewEdge Advisors LLC grew its position in iShares Ultra Short-Term Bond Active ETF by 8.4% in the first quarter. NewEdge Advisors LLC now owns 43,190 shares of the company’s stock valued at $2,186,000 after acquiring an additional 3,354 shares during the period. Concorde Asset Management LLC grew its position in iShares Ultra Short-Term Bond Active ETF by 24.3% in the first quarter. Concorde Asset Management LLC now owns 5,343 shares of the company’s stock valued at $270,000 after acquiring an additional 1,043 shares during the period. Financial Solutions Advisory Group Inc. bought a new stake in iShares Ultra Short-Term Bond Active ETF in the first quarter valued at $681,000. Finally, Mullaney Keating & Wright Inc. grew its position in iShares Ultra Short-Term Bond Active ETF by 8.7% in the first quarter. Mullaney Keating & Wright Inc. now owns 93,615 shares of the company’s stock valued at $4,739,000 after acquiring an additional 7,524 shares during the period.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of BATS ICSH opened at $50.47 on Thursday. The business has a fifty day simple moving average of $50.54 and a 200 day simple moving average of $50.59. iShares Ultra Short-Term Bond Active ETF has a one year low of $50.43 and a one year high of $50.77.

iShares Ultra Short-Term Bond Active ETF Company Profile

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.