iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Up 114.7% in February

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 6,329,955 shares, an increase of 114.7% from the January 29th total of 2,947,859 shares. Based on an average daily volume of 3,258,173 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.8% of the company’s stock are sold short. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 3,258,173 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Investors Weigh In On iShares Core Total USD Bond Market ETF

Institutional investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp lifted its position in shares of iShares Core Total USD Bond Market ETF by 6.9% during the third quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock valued at $3,327,011,000 after buying an additional 4,589,650 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of iShares Core Total USD Bond Market ETF by 2.9% during the 4th quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock worth $2,231,434,000 after acquiring an additional 1,331,490 shares in the last quarter. LPL Financial LLC lifted its position in iShares Core Total USD Bond Market ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock valued at $2,117,917,000 after acquiring an additional 966,130 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core Total USD Bond Market ETF by 8.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after acquiring an additional 2,324,731 shares in the last quarter. Finally, Morgan Stanley grew its holdings in iShares Core Total USD Bond Market ETF by 8.5% in the fourth quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock worth $1,149,554,000 after purchasing an additional 1,931,838 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.2%

Shares of NASDAQ IUSB traded up $0.08 during midday trading on Friday, reaching $47.20. 2,320,436 shares of the company’s stock traded hands, compared to its average volume of 3,076,629. The company has a market cap of $35.49 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The stock’s 50 day simple moving average is $46.72 and its 200-day simple moving average is $46.69. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.165 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

About iShares Core Total USD Bond Market ETF

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.