Short Interest in iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Declines By 64.0%

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 5,634 shares, a decrease of 64.0% from the January 29th total of 15,663 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 31,574 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 31,574 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

iShares Core 5-10 Year USD Bond ETF Stock Performance

Shares of NYSEARCA:IMTB opened at $44.60 on Thursday. The firm has a 50 day simple moving average of $44.31 and a 200-day simple moving average of $44.21. iShares Core 5-10 Year USD Bond ETF has a twelve month low of $42.11 and a twelve month high of $44.75.

Institutional Investors Weigh In On iShares Core 5-10 Year USD Bond ETF

Several institutional investors have recently bought and sold shares of IMTB. Kestra Advisory Services LLC acquired a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the fourth quarter worth $53,000. Godfrey Financial Associates Inc. purchased a new stake in iShares Core 5-10 Year USD Bond ETF during the 4th quarter worth $58,000. Chapman Financial Group LLC acquired a new stake in iShares Core 5-10 Year USD Bond ETF in the 2nd quarter valued at $98,000. Rice Partnership LLC raised its position in iShares Core 5-10 Year USD Bond ETF by 3.4% in the third quarter. Rice Partnership LLC now owns 9,246 shares of the company’s stock valued at $409,000 after purchasing an additional 308 shares during the period. Finally, Reliant Investment Partners LLC raised its position in iShares Core 5-10 Year USD Bond ETF by 11.3% in the fourth quarter. Reliant Investment Partners LLC now owns 9,986 shares of the company’s stock valued at $441,000 after purchasing an additional 1,011 shares during the period.

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.