Short Interest in iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Expands By 148.4%

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 28,989 shares, a growth of 148.4% from the December 15th total of 11,672 shares. Based on an average daily volume of 15,620 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 15,620 shares, the days-to-cover ratio is currently 1.9 days.

iShares Core 5-10 Year USD Bond ETF Trading Up 0.0%

Shares of IMTB opened at $44.33 on Wednesday. The firm has a fifty day simple moving average of $44.23 and a two-hundred day simple moving average of $43.99. iShares Core 5-10 Year USD Bond ETF has a 1-year low of $41.84 and a 1-year high of $44.69.

Institutional Investors Weigh In On iShares Core 5-10 Year USD Bond ETF

A number of large investors have recently made changes to their positions in IMTB. Mariner LLC lifted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 0.3% during the 3rd quarter. Mariner LLC now owns 1,172,918 shares of the company’s stock valued at $51,851,000 after buying an additional 3,411 shares in the last quarter. Destination Wealth Management boosted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 3.2% in the third quarter. Destination Wealth Management now owns 471,820 shares of the company’s stock worth $20,858,000 after acquiring an additional 14,584 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 10.1% in the third quarter. Bank of America Corp DE now owns 311,733 shares of the company’s stock worth $13,781,000 after acquiring an additional 28,579 shares during the period. Raymond James Financial Inc. grew its position in shares of iShares Core 5-10 Year USD Bond ETF by 40.4% during the third quarter. Raymond James Financial Inc. now owns 56,373 shares of the company’s stock worth $2,492,000 after purchasing an additional 16,218 shares in the last quarter. Finally, UBS Group AG raised its stake in iShares Core 5-10 Year USD Bond ETF by 91.9% during the 3rd quarter. UBS Group AG now owns 89,131 shares of the company’s stock valued at $3,940,000 after purchasing an additional 42,674 shares during the period.

About iShares Core 5-10 Year USD Bond ETF

The iShares Core 5-10 Year USD Bond ETF (IMTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted, USD-denominated broad bond index with maturities between five and ten years. Eligible sectors include US Treasurys, global government-related bonds, global investment-grade and high yield corporate bonds, and emerging market bonds. IMTB was launched on Nov 1, 2016 and is managed by BlackRock.