iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Short Interest Update

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 16,430,000 shares, a growth of 15.9% from the October 15th total of 14,180,000 shares. Based on an average daily volume of 7,931,300 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Trading of iShares 7-10 Year Treasury Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Capital Investment Counsel Inc acquired a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Innealta Capital LLC bought a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $28,000. Hazlett Burt & Watson Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth approximately $34,000. Van ECK Associates Corp acquired a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth $35,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at approximately $36,000. Institutional investors and hedge funds own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0 %

NASDAQ:IEF opened at $93.32 on Monday. The business’s 50-day moving average price is $96.22 and its 200 day moving average price is $95.26. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.02 and a 52-week high of $99.18. The firm has a market cap of $33.15 billion, a P/E ratio of -21.67 and a beta of 0.05.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2916 per share. This represents a $3.50 annualized dividend and a dividend yield of 3.75%. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st.

About iShares 7-10 Year Treasury Bond ETF

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.