iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Sees Significant Decrease in Short Interest

iShares Ultra Short-Term Bond Active ETF (BATS:ICSHGet Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 335,265 shares, a drop of 50.6% from the June 30th total of 678,335 shares. Based on an average daily volume of 1,556,733 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of iShares Ultra Short-Term Bond Active ETF

A number of hedge funds have recently modified their holdings of the stock. Networth Advisors LLC bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth about $27,000. TD Capital Management LLC raised its holdings in iShares Ultra Short-Term Bond Active ETF by 2,595.0% in the 4th quarter. TD Capital Management LLC now owns 539 shares of the company’s stock valued at $27,000 after acquiring an additional 519 shares during the period. Triumph Capital Management acquired a new stake in iShares Ultra Short-Term Bond Active ETF during the third quarter worth approximately $28,000. NBC Securities Inc. lifted its position in iShares Ultra Short-Term Bond Active ETF by 497.0% during the fourth quarter. NBC Securities Inc. now owns 597 shares of the company’s stock worth $30,000 after acquiring an additional 497 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new stake in iShares Ultra Short-Term Bond Active ETF during the fourth quarter worth approximately $34,000.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.0%

ICSH stock opened at $50.51 on Tuesday. The company has a fifty day moving average price of $50.50 and a two-hundred day moving average price of $50.57. iShares Ultra Short-Term Bond Active ETF has a one year low of $50.40 and a one year high of $50.77.

About iShares Ultra Short-Term Bond Active ETF

(Get Free Report)

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.

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