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 recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 210,176 shares, an increase of 159.0% from the December 31st total of 81,159 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 510,546 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 510,546 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of ISTB. CoreCap Advisors LLC increased its holdings in 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 in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the second quarter worth $37,000. Spire Wealth Management boosted its position in iShares Core 1-5 Year USD Bond ETF by 37.5% during the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock worth $39,000 after purchasing an additional 218 shares in the last quarter. Rothschild Investment LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 41.8% in the third quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock valued at $83,000 after buying an additional 500 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 1,394.0% in the second quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock valued at $85,000 after buying an additional 1,631 shares in the last quarter.

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

NASDAQ:ISTB traded up $0.03 during midday trading on Thursday, reaching $48.85. The stock had a trading volume of 410,463 shares, compared to its average volume of 544,719. The stock has a market cap of $4.71 billion, a P/E ratio of 10.99 and a beta of 0.11. The firm has a fifty day simple moving average of $48.78 and a two-hundred day simple moving average of $48.75. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.73 and a 12-month high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

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.