iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Stock Short Interest Report for September

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 63,739 shares, a growth of 1,031.5% from the September 15th total of 5,633 shares. Based on an average daily trading volume, of 79,071 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.0% of the shares of the stock are short sold.

Institutional Trading of iShares Core 5-10 Year USD Bond ETF

A number of large investors have recently made changes to their positions in IMTB. IFP Advisors Inc acquired a new stake in shares of iShares Core 5-10 Year USD Bond ETF during the 2nd quarter worth about $2,224,000. Destination Wealth Management raised its position in shares of iShares Core 5-10 Year USD Bond ETF by 6.0% in the fourth quarter. Destination Wealth Management now owns 499,978 shares of the company’s stock valued at $22,099,000 after buying an additional 28,158 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 37.9% during the first quarter. Royal Bank of Canada now owns 43,639 shares of the company’s stock valued at $1,912,000 after buying an additional 12,002 shares during the period. Citadel Advisors LLC boosted its position in iShares Core 5-10 Year USD Bond ETF by 123.5% during the second quarter. Citadel Advisors LLC now owns 222,147 shares of the company’s stock worth $9,688,000 after acquiring an additional 122,757 shares during the last quarter. Finally, GK Wealth Management LLC acquired a new stake in iShares Core 5-10 Year USD Bond ETF during the third quarter worth approximately $264,000.

iShares Core 5-10 Year USD Bond ETF Trading Up 0.0%

Shares of NYSEARCA:IMTB traded up $0.01 during midday trading on Friday, hitting $41.42. 86,724 shares of the stock were exchanged, compared to its average volume of 39,234. iShares Core 5-10 Year USD Bond ETF has a twelve month low of $41.01 and a twelve month high of $44.83. The company has a 50 day moving average price of $42.40 and a 200-day moving average price of $43.14.

About iShares Core 5-10 Year USD Bond ETF

The iShares Core 5-10 Year USD Bond ETF (IMTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted, USD-denominated broad bond index with maturities between five and ten years. Eligible sectors include US Treasurys, global government-related bonds, global investment-grade and high yield corporate bonds, and emerging market bonds. IMTB was launched on Nov 1, 2016 and is managed by BlackRock.