iShares U.S. Regional Banks ETF (NYSEARCA:IAT) Short Interest Update

iShares U.S. Regional Banks ETF (NYSEARCA:IAT) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 142,630 shares, a decline of 31.9% from the November 30th total of 209,416 shares. Based on an average daily trading volume, of 145,095 shares, the short-interest ratio is presently 1.0 days. Approximately 1.3% of the shares of the stock are short sold. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 145,095 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of iShares U.S. Regional Banks ETF

A number of institutional investors have recently made changes to their positions in IAT. MAI Capital Management raised its holdings in iShares U.S. Regional Banks ETF by 20.0% during the 3rd quarter. MAI Capital Management now owns 1,200 shares of the company’s stock valued at $63,000 after buying an additional 200 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares U.S. Regional Banks ETF by 6.1% in the second quarter. PNC Financial Services Group Inc. now owns 3,620 shares of the company’s stock worth $179,000 after purchasing an additional 208 shares during the last quarter. Blair William & Co. IL increased its holdings in iShares U.S. Regional Banks ETF by 22.7% during the 2nd quarter. Blair William & Co. IL now owns 1,567 shares of the company’s stock valued at $78,000 after purchasing an additional 290 shares during the period. Game Plan Financial Advisors LLC raised its position in iShares U.S. Regional Banks ETF by 6.1% during the 2nd quarter. Game Plan Financial Advisors LLC now owns 5,068 shares of the company’s stock valued at $251,000 after purchasing an additional 293 shares during the last quarter. Finally, AlphaCore Capital LLC raised its position in iShares U.S. Regional Banks ETF by 103.1% during the 2nd quarter. AlphaCore Capital LLC now owns 591 shares of the company’s stock valued at $29,000 after purchasing an additional 300 shares during the last quarter.

iShares U.S. Regional Banks ETF Price Performance

NYSEARCA IAT traded down $0.30 on Tuesday, reaching $55.67. 122,951 shares of the company’s stock traded hands, compared to its average volume of 316,283. iShares U.S. Regional Banks ETF has a 12 month low of $38.30 and a 12 month high of $56.77. The stock has a market cap of $620.72 million, a PE ratio of 12.39 and a beta of 0.96. The stock has a 50-day simple moving average of $52.38 and a 200 day simple moving average of $51.73.

iShares U.S. Regional Banks ETF Company Profile

The iShares U.S. Regional Banks ETF (IAT) is an exchange-traded fund that is based on the DJ US Select \u002F Regional Banks index. The fund tracks the performance of an index of small- and mid-cap regional banks. IAT was launched on May 1, 2006 and is managed by BlackRock.