Short Interest in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Decreases By 75.6%

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 14,873 shares, a decline of 75.6% from the November 30th total of 61,067 shares. Based on an average daily volume of 470,533 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 470,533 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. CoreCap Advisors LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 174.1% in the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after buying an additional 458 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at about $37,000. Rothschild Investment LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 41.8% during the 3rd quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock valued at $83,000 after acquiring an additional 500 shares during the last quarter. Assetmark Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 1,394.0% during the 2nd quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock worth $85,000 after acquiring an additional 1,631 shares during the period. Finally, Parallel Advisors LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 3,024.7% during the 2nd quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock worth $129,000 after acquiring an additional 2,571 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1%

ISTB traded up $0.03 during trading on Thursday, hitting $48.70. 285,208 shares of the stock were exchanged, compared to its average volume of 439,210. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.57 and a 1-year high of $48.99. The stock has a fifty day moving average price of $48.81 and a two-hundred day moving average price of $48.68. The firm has a market capitalization of $4.63 billion, a P/E ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.1699 dividend. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.2%.

About iShares Core 1-5 Year USD Bond ETF

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.