iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Short Interest Down 79.3% in May

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTBGet Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 7,901 shares, a drop of 79.3% from the May 14th total of 38,200 shares. Based on an average trading volume of 36,050 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ILTB. Royal Bank of Canada lifted its position in iShares Core 10+ Year USD Bond ETF by 51.6% during the first quarter. Royal Bank of Canada now owns 43,120 shares of the company’s stock valued at $2,157,000 after buying an additional 14,669 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in iShares Core 10+ Year USD Bond ETF during the first quarter valued at approximately $275,000. Jane Street Group LLC lifted its position in iShares Core 10+ Year USD Bond ETF by 104.9% during the second quarter. Jane Street Group LLC now owns 44,484 shares of the company’s stock valued at $2,198,000 after buying an additional 22,770 shares in the last quarter. Bank of America Corp DE lifted its position in iShares Core 10+ Year USD Bond ETF by 1.2% during the second quarter. Bank of America Corp DE now owns 2,103,591 shares of the company’s stock valued at $103,959,000 after buying an additional 24,944 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in iShares Core 10+ Year USD Bond ETF by 6.5% in the 2nd quarter. MML Investors Services LLC now owns 15,012 shares of the company’s stock valued at $742,000 after purchasing an additional 912 shares in the last quarter.

iShares Core 10+ Year USD Bond ETF Price Performance

iShares Core 10+ Year USD Bond ETF stock traded down $0.08 during midday trading on Friday, reaching $49.05. The stock had a trading volume of 44,551 shares, compared to its average volume of 57,405. iShares Core 10+ Year USD Bond ETF has a twelve month low of $47.54 and a twelve month high of $51.77. The stock’s 50-day simple moving average is $48.92 and its 200 day simple moving average is $49.58.

iShares Core 10+ Year USD Bond ETF Company Profile

(Get Free Report)

iShares Core Long-Term U.S. Bond ETF (the Fund), formerly iShares 10+ Year Government/Credit Bond Fund, seeks investment results that correspond generally to the price and yield performance of the long-term, investment-grade United States corporate and government bond markets as defined by the BofA Merrill Lynch 10+ Year US Corporate & Government Index (the Index). The Index includes publicly issued United States Treasury debt, the United States Government agency debt, taxable debt issued by the United States states and territories and their political subdivisions, debt issued by the United States and non-United States corporations, non- United States Government debt and supranational debt.

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