Short Interest in iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Grows By 28.0%

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,018,107 shares, an increase of 28.0% from the March 31st total of 2,358,048 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 2,863,277 shares, the short-interest ratio is presently 1.1 days.

iShares Core S&P Total U.S. Stock Market ETF Trading Down 0.1%

ITOT traded down $0.10 on Wednesday, hitting $155.62. 2,835,765 shares of the company’s stock traded hands, compared to its average volume of 5,766,320. The company’s 50 day simple moving average is $148.29 and its 200-day simple moving average is $148.70. iShares Core S&P Total U.S. Stock Market ETF has a one year low of $118.18 and a one year high of $156.67. The firm has a market cap of $87.85 billion, a price-to-earnings ratio of 24.36 and a beta of 1.01.

Hedge Funds Weigh In On iShares Core S&P Total U.S. Stock Market ETF

Several hedge funds have recently modified their holdings of the stock. Captrust Financial Advisors grew its stake in iShares Core S&P Total U.S. Stock Market ETF by 434.4% during the fourth quarter. Captrust Financial Advisors now owns 1,506,277 shares of the company’s stock valued at $223,968,000 after acquiring an additional 1,224,412 shares in the last quarter. Align Financial LLC bought a new stake in iShares Core S&P Total U.S. Stock Market ETF in the 4th quarter valued at $107,891,000. Allstate Corp lifted its stake in iShares Core S&P Total U.S. Stock Market ETF by 25.6% in the 4th quarter. Allstate Corp now owns 1,249,883 shares of the company’s stock worth $185,845,000 after purchasing an additional 255,141 shares in the last quarter. Finhabits Advisors LLC bought a new position in shares of iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter valued at about $19,675,000. Finally, Jones Financial Companies Lllp grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 20.1% during the third quarter. Jones Financial Companies Lllp now owns 639,369 shares of the company’s stock valued at $92,617,000 after purchasing an additional 107,224 shares in the last quarter.

iShares Core S&P Total U.S. Stock Market ETF Company Profile

The iShares Core S&P Total U.S. Stock Market ETF (ITOT) is an exchange-traded fund that is based on the S&P TMI index. The fund tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ITOT was launched on Jan 20, 2004 and is managed by BlackRock.