Short Interest in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Increases By 11.0%

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 1,720,000 shares, an increase of 11.0% from the August 15th total of 1,550,000 shares. Based on an average trading volume of 2,106,900 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of iShares 1-5 Year Investment Grade Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the company. ICA Group Wealth Management LLC bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at about $25,000. Tidemark LLC bought a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter valued at $49,000. Family Firm Inc. purchased a new stake in iShares 1-5 Year Investment Grade Corporate Bond ETF during the 2nd quarter valued at $49,000. Park Place Capital Corp grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 270.8% in the 1st quarter. Park Place Capital Corp now owns 1,483 shares of the company’s stock worth $76,000 after acquiring an additional 1,083 shares during the last quarter. Finally, Richardson Financial Services Inc. grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2,687.3% in the 1st quarter. Richardson Financial Services Inc. now owns 1,533 shares of the company’s stock worth $79,000 after acquiring an additional 1,478 shares during the last quarter. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Price Performance

NASDAQ IGSB traded down $0.05 during trading on Wednesday, reaching $52.58. The company’s stock had a trading volume of 1,841,939 shares, compared to its average volume of 2,678,002. The firm has a fifty day moving average of $52.03 and a 200 day moving average of $51.41. iShares 1-5 Year Investment Grade Corporate Bond ETF has a one year low of $49.36 and a one year high of $52.67.

iShares 1-5 Year Investment Grade Corporate Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1782 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) is an exchange-traded fund that is based on the ICE BofA US Corporate (1-5 Y) index. The fund tracks a market-value-weighted index of US dollar-denominated, investment-grade corporate debt with 1-5 years remaining in maturity. IGSB was launched on Jan 5, 2007 and is managed by BlackRock.