iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) Short Interest Up 48.3% in December

iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 1,518,757 shares, an increase of 48.3% from the November 30th total of 1,023,995 shares. Based on an average daily trading volume, of 2,495,235 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,495,235 shares, the days-to-cover ratio is currently 0.6 days.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Private Wealth Asset Management LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 2nd quarter worth approximately $29,000. Root Financial Partners LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the third quarter worth $39,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF in the second quarter worth about $46,000. Kelleher Financial Advisors acquired a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF during the third quarter worth $51,000. Finally, Highline Wealth Partners LLC acquired a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF in the 3rd quarter valued at $53,000. Institutional investors own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Down 0.1%

Shares of NASDAQ IGSB traded down $0.04 during trading on Wednesday, hitting $52.90. 1,084,846 shares of the company traded hands, compared to its average volume of 3,055,799. The company has a 50-day moving average price of $52.94 and a 200-day moving average price of $52.84. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 1 year low of $51.39 and a 1 year high of $53.18.

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

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.2018 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.6%.

About iShares 1-5 Year Investment Grade Corporate Bond ETF

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.