iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sees Significant Decrease in Short Interest

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOTGet Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 1,873,231 shares, a drop of 37.9% from the April 15th total of 3,018,107 shares. Based on an average daily trading volume, of 2,393,353 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ITOT. Cornerstone Planning Group LLC boosted its position in iShares Core S&P Total U.S. Stock Market ETF by 187.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 181 shares of the company’s stock worth $27,000 after acquiring an additional 118 shares during the period. Financial Life Planners purchased a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the 1st quarter worth about $29,000. Wilkerson Advisory Group LLC acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter valued at about $43,000. Elyxium Wealth LLC acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the 4th quarter valued at about $46,000. Finally, Main Street Group LTD acquired a new stake in shares of iShares Core S&P Total U.S. Stock Market ETF during the 1st quarter valued at about $59,000.

iShares Core S&P Total U.S. Stock Market ETF Trading Down 0.3%

ITOT stock traded down $0.42 during trading hours on Tuesday, hitting $160.52. 1,369,050 shares of the stock traded hands, compared to its average volume of 5,195,131. The stock has a 50-day simple moving average of $150.73 and a 200 day simple moving average of $149.84. iShares Core S&P Total U.S. Stock Market ETF has a one year low of $125.59 and a one year high of $163.57. The company has a market cap of $90.82 billion, a P/E ratio of 24.36 and a beta of 1.01.

About iShares Core S&P Total U.S. Stock Market ETF

(Get Free Report)

The iShares Core S&P Total U.S. Stock Market ETF (ITOT) is an exchange-traded fund that is based on the S&P TMI index. The fund tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ITOT was launched on Jan 20, 2004 and is managed by BlackRock.

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