iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Short Interest Down 43.0% in August

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 122,894 shares, a decrease of 43.0% from the August 15th total of 215,418 shares. Based on an average daily volume of 496,234 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of iShares Short-Term National Muni Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Allstate Corp lifted its position in iShares Short-Term National Muni Bond ETF by 3,158.4% during the 4th 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 period. John A. Wolfe & Associates Inc. acquired a new stake in shares of iShares Short-Term National Muni Bond ETF during the 4th quarter worth approximately $51,951,000. CX Institutional grew its position in shares of iShares Short-Term National Muni Bond ETF by 4,425.4% during the 2nd quarter. CX Institutional now owns 120,284 shares of the company’s stock worth $12,807,000 after buying an additional 117,626 shares during the period. GAMMA Investing LLC raised its stake in shares of iShares Short-Term National Muni Bond ETF by 23.6% during the second quarter. GAMMA Investing LLC now owns 221,849 shares of the company’s stock worth $23,620,000 after buying an additional 42,291 shares during the last quarter. Finally, North Dallas Bank & Trust Co. bought a new stake in shares of iShares Short-Term National Muni Bond ETF during the fourth quarter worth approximately $3,709,000.

iShares Short-Term National Muni Bond ETF Trading Down 0.0%

Shares of iShares Short-Term National Muni Bond ETF stock traded down $0.04 during mid-day trading on Wednesday, reaching $105.41. 808,211 shares of the stock were exchanged, compared to its average volume of 515,454. The firm has a 50-day simple moving average of $106.10 and a 200 day simple moving average of $106.38. iShares Short-Term National Muni Bond ETF has a fifty-two week low of $105.35 and a fifty-two week 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.