iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Up 213.2% in December

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 1,010,000 shares, a growth of 213.2% from the December 15th total of 322,500 shares. Based on an average daily volume of 367,000 shares, the short-interest ratio is presently 2.8 days.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.4 %

NASDAQ:ISTB opened at $47.80 on Thursday. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $46.65 and a 52 week high of $48.75. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The company has a fifty day simple moving average of $47.84 and a two-hundred day simple moving average of $48.03.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.1587 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.90 dividend on an annualized basis and a yield of 3.98%.

Institutional Trading of iShares Core 1-5 Year USD Bond ETF

A number of institutional investors have recently bought and sold shares of the business. Burkett Financial Services LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 56.3% in the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock valued at $47,000 after acquiring an additional 358 shares during the last quarter. Bogart Wealth LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 40.7% during the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after buying an additional 287 shares during the last quarter. Security National Bank lifted its position in iShares Core 1-5 Year USD Bond ETF by 31.0% in the third quarter. Security National Bank now owns 2,559 shares of the company’s stock valued at $125,000 after purchasing an additional 606 shares during the period. Northwest Investment Counselors LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at approximately $130,000. Finally, FMR LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 556.1% in the third quarter. FMR LLC now owns 2,841 shares of the company’s stock valued at $138,000 after acquiring an additional 2,408 shares during the period.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.