iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Update

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 601,181 shares, a growth of 277.8% from the August 15th total of 159,137 shares. Based on an average daily volume of 384,164 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Turtle Creek Wealth Advisors LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at about $44,000. Rossby Financial LCC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 41.7% during the fourth quarter. Rossby Financial LCC now owns 986 shares of the company’s stock worth $48,000 after acquiring an additional 290 shares during the period. IFP Advisors Inc boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 154.2% during the second quarter. IFP Advisors Inc now owns 1,253 shares of the company’s stock worth $60,000 after acquiring an additional 760 shares during the period. Strive Financial Group LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at approximately $68,000. Finally, Banque Transatlantique SA grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 47.4% in the fourth quarter. Banque Transatlantique SA now owns 2,126 shares of the company’s stock valued at $104,000 after purchasing an additional 684 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.1%

Shares of NASDAQ:ISTB traded down $0.03 on Friday, hitting $47.52. The company had a trading volume of 357,384 shares, compared to its average volume of 476,722. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.50 and a 1-year high of $49.05. The stock has a market cap of $5.08 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The stock has a 50 day moving average price of $47.97 and a 200 day moving average price of $48.24.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a dividend of $0.1772 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.