iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 572,025 shares, an increase of 163.3% from the September 15th total of 217,276 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 1,372,478 shares, the short-interest ratio is presently 0.4 days.
iShares Short-Term National Muni Bond ETF Stock Down 0.0%
iShares Short-Term National Muni Bond ETF stock traded down $0.03 during mid-day trading on Wednesday, reaching $105.00. 1,717,725 shares of the company were exchanged, compared to its average volume of 628,650. The firm’s 50-day simple moving average is $105.55 and its two-hundred day simple moving average is $106.08. iShares Short-Term National Muni Bond ETF has a twelve month low of $104.05 and a twelve month high of $107.51.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Rosenberg Matthew Hamilton grew its holdings in iShares Short-Term National Muni Bond ETF by 43.1% during the third quarter. Rosenberg Matthew Hamilton now owns 20,494 shares of the company’s stock worth $2,142,000 after acquiring an additional 6,169 shares during the period. CX Institutional grew its stake in shares of iShares Short-Term National Muni Bond ETF by 398.2% during the 3rd quarter. CX Institutional now owns 599,280 shares of the company’s stock worth $62,649,000 after purchasing an additional 478,996 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of iShares Short-Term National Muni Bond ETF by 10.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 122,001 shares of the company’s stock worth $12,993,000 after purchasing an additional 11,319 shares during the period. John A. Wolfe & Associates Inc. purchased a new position in shares of iShares Short-Term National Muni Bond ETF in the 4th quarter valued at about $51,951,000. Finally, Root Financial Partners LLC increased its holdings in shares of iShares Short-Term National Muni Bond ETF by 18.8% in the 1st quarter. Root Financial Partners LLC now owns 35,327 shares of the company’s stock valued at $3,762,000 after purchasing an additional 5,584 shares in the last quarter.
iShares Short-Term National Muni Bond ETF Company Profile
iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.
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