iShares Core Canadian Short Term Bond Index ETF (TSE:XSB) Stock Jumps 0.1% – Here’s Why

iShares Core Canadian Short Term Bond Index ETF (TSE:XSB – Get Free Report)’s stock price shot up 0.1% during mid-day trading on Thursday. The stock traded as high as C$26.66 and last traded at C$26.63. Approximately 79,204 shares were traded during mid-day trading, a decline of 41% from the average session volume of 134,606 shares. The stock had previously closed at C$26.60.

iShares Core Canadian Short Term Bond Index ETF Stock Up 0.0%

The firm has a fifty day simple moving average of C$26.64 and a 200-day simple moving average of C$26.78.

iShares Core Canadian Short Term Bond Index ETF Company Profile

(Get Free Report)

The investment objective of the Fund is to provide income by replicating, to the extent possible, the performance of the FTSE Canada Short Term Overall Bond Index ,net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian fixed income securities. The Index is a market capitalization-weighted index consisting of a broadly diversified range of bonds which may include any or all of federal, provincial, corporate including certain qualifying asset-backed securities and municipal bonds..

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