iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Stock Short Interest Report for October

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 364,903 shares, a growth of 233.5% from the September 30th total of 109,411 shares. Based on an average trading volume of 761,184 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $47.61 on Friday. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.01 and a one year high of $49.05. The company has a market cap of $5.36 billion, a PE ratio of 10.99 and a beta of 0.11. The business has a 50-day simple moving average of $47.50 and a 200-day simple moving average of $48.16.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.1772 dividend. This represents a $2.13 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Tuesday, September 1st. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743.

Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in ISTB. Latitude Advisors LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF during the third quarter valued at approximately $34,000. Turtle Creek Wealth Advisors LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at approximately $44,000. IFP Advisors Inc increased its stake in iShares Core 1-5 Year USD Bond ETF by 154.2% in the 2nd quarter. IFP Advisors Inc now owns 1,253 shares of the company’s stock valued at $60,000 after buying an additional 760 shares during the period. Valley National Advisers Inc. purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 3rd quarter worth approximately $75,000. Finally, Burkett Financial Services LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 166.0% in the 2nd quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock worth $116,000 after buying an additional 1,497 shares in the last quarter.

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.