iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Sees Significant Increase in Short Interest

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 678,335 shares, an increase of 190.2% from the June 15th total of 233,786 shares. Based on an average daily trading volume, of 1,178,249 shares, the short-interest ratio is currently 0.6 days. Approximately 0.6% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares Ultra Short-Term Bond Active ETF

Several large investors have recently bought and sold shares of ICSH. Networth Advisors LLC acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the fourth quarter worth about $27,000. TD Capital Management LLC boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 2,595.0% in the 4th quarter. TD Capital Management LLC now owns 539 shares of the company’s stock valued at $27,000 after purchasing an additional 519 shares during the period. Triumph Capital Management acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 3rd quarter valued at about $28,000. NBC Securities Inc. grew its stake in iShares Ultra Short-Term Bond Active ETF by 497.0% during the 4th quarter. NBC Securities Inc. now owns 597 shares of the company’s stock worth $30,000 after buying an additional 497 shares during the last quarter. Finally, Rosenberg Matthew Hamilton grew its stake in iShares Ultra Short-Term Bond Active ETF by 166.9% during the 4th quarter. Rosenberg Matthew Hamilton now owns 670 shares of the company’s stock worth $34,000 after buying an additional 419 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of BATS:ICSH opened at $50.47 on Wednesday. The firm has a 50 day simple moving average of $50.50 and a 200-day simple moving average of $50.57. iShares Ultra Short-Term Bond Active ETF has a twelve month low of $50.40 and a twelve month high of $50.77.

About iShares Ultra Short-Term Bond Active ETF

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.