Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Rises By 1,183.2%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSBGet Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 38,415,571 shares, a growth of 1,183.2% from the May 14th total of 2,993,656 shares. Currently, 4.9% of the company’s stock are sold short. Based on an average daily trading volume, of 19,037,225 shares, the short-interest ratio is currently 2.0 days.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock traded up $0.11 during mid-day trading on Tuesday, hitting $45.87. 3,619,978 shares of the company were exchanged, compared to its average volume of 4,706,263. The firm has a market cap of $36.30 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm’s 50 day simple moving average is $46.12 and its 200 day simple moving average is $46.46. iShares Core Total USD Bond Market ETF has a 1-year low of $45.45 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.1511 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, June 1st.

Institutional Trading of iShares Core Total USD Bond Market ETF

Hedge funds have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $27,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $30,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $30,000. Chapman Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $31,000. Finally, Hurley Capital LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $33,000.

iShares Core Total USD Bond Market ETF Company Profile

(Get Free Report)

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.

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