iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sees Significant Increase in Short Interest

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 2,190,000 shares, a growth of 93.8% from the August 31st total of 1,130,000 shares. Based on an average daily trading volume, of 1,471,800 shares, the days-to-cover ratio is currently 1.5 days.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.3 %

Shares of NASDAQ:IEI traded up $0.34 on Friday, hitting $119.92. The stock had a trading volume of 1,808,389 shares, compared to its average volume of 1,594,947. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $111.45 and a twelve month high of $120.33. The firm’s 50 day moving average price is $118.76 and its 200-day moving average price is $116.30.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.3197 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares 3-7 Year Treasury Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Scarborough Advisors LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $32,000. Salem Investment Counselors Inc. lifted its position in iShares 3-7 Year Treasury Bond ETF by 94.2% during the 1st quarter. Salem Investment Counselors Inc. now owns 303 shares of the company’s stock valued at $35,000 after purchasing an additional 147 shares during the period. Abich Financial Wealth Management LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 2,264.3% during the 1st quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock valued at $38,000 after purchasing an additional 317 shares during the period. Rothschild Investment LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at about $38,000. Finally, Signaturefd LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 117.1% during the 2nd quarter. Signaturefd LLC now owns 356 shares of the company’s stock valued at $41,000 after purchasing an additional 192 shares during the period.

iShares 3-7 Year Treasury Bond ETF Company Profile

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).