iShares Investment Grade Systematic Bond ETF (BATS:IGEB) Stock Short Interest Report for October

iShares Investment Grade Systematic Bond ETF (BATS:IGEB) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 46,271 shares, an increase of 188.6% from the October 15th total of 16,032 shares. Based on an average daily volume of 174,194 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of iShares Investment Grade Systematic Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Harbour Investments Inc. bought a new stake in iShares Investment Grade Systematic Bond ETF during the third quarter worth about $5,123,000. Prime Capital Investment Advisors LLC raised its stake in iShares Investment Grade Systematic Bond ETF by 2.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 33,923 shares of the company’s stock valued at $1,452,000 after buying an additional 752 shares during the period. Capital Square LLC bought a new position in shares of iShares Investment Grade Systematic Bond ETF in the third quarter valued at about $219,000. Stronghold Wealth Management L.L.C. boosted its holdings in shares of iShares Investment Grade Systematic Bond ETF by 62.4% during the 3rd quarter. Stronghold Wealth Management L.L.C. now owns 10,846 shares of the company’s stock worth $464,000 after buying an additional 4,169 shares during the period. Finally, NBH Bank bought a new stake in shares of iShares Investment Grade Systematic Bond ETF during the 2nd quarter worth about $220,000.

iShares Investment Grade Systematic Bond ETF Trading Down 0.2%

BATS IGEB traded down $0.09 on Friday, reaching $42.96. The company had a trading volume of 281,295 shares, compared to its average volume of 254,613. iShares Investment Grade Systematic Bond ETF has a 52 week low of $42.40 and a 52 week high of $46.20. The stock’s 50 day moving average is $43.26 and its 200-day moving average is $44.56.

About iShares Investment Grade Systematic Bond ETF

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility. IGEB was launched on Jul 11, 2017 and is managed by BlackRock.