iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Short Interest Update

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 66,078 shares, an increase of 146.5% from the May 31st total of 26,805 shares. Based on an average daily trading volume, of 23,888 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.0% of the company’s shares are short sold.

iShares Core 5-10 Year USD Bond ETF Price Performance

IMTB stock traded up $0.01 during midday trading on Monday, reaching $43.84. The company’s stock had a trading volume of 7,422 shares, compared to its average volume of 27,426. The business’s 50-day simple moving average is $43.62 and its 200-day simple moving average is $43.97. iShares Core 5-10 Year USD Bond ETF has a 52 week low of $42.95 and a 52 week high of $44.83.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IMTB. Kestra Advisory Services LLC bought a new stake in iShares Core 5-10 Year USD Bond ETF in the fourth quarter valued at about $53,000. Godfrey Financial Associates Inc. bought a new position in iShares Core 5-10 Year USD Bond ETF during the fourth quarter worth about $58,000. Chapman Financial Group LLC acquired a new position in shares of iShares Core 5-10 Year USD Bond ETF during the 2nd quarter worth about $98,000. Comprehensive Money Management Services LLC acquired a new position in shares of iShares Core 5-10 Year USD Bond ETF during the 1st quarter worth about $210,000. Finally, Reliant Investment Partners LLC increased its stake in shares of iShares Core 5-10 Year USD Bond ETF by 11.3% in the 4th quarter. Reliant Investment Partners LLC now owns 9,986 shares of the company’s stock valued at $441,000 after acquiring an additional 1,011 shares during the last quarter.

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.