iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Short Interest Up 79.4% in March

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 263,732 shares, a growth of 79.4% from the February 26th total of 147,032 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 693,339 shares, the days-to-cover ratio is presently 0.4 days.

iShares Short-Term National Muni Bond ETF Stock Down 0.1%

Shares of NYSEARCA SUB opened at $106.40 on Friday. The business has a 50-day moving average of $107.09 and a two-hundred day moving average of $106.83. iShares Short-Term National Muni Bond ETF has a 1 year low of $104.02 and a 1 year high of $107.51.

Institutional Investors Weigh In On iShares Short-Term National Muni Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SUB. Fisher Asset Management LLC purchased a new position in iShares Short-Term National Muni Bond ETF in the second quarter valued at approximately $4,755,000. ARK & TLK Investments LLC lifted its position in shares of iShares Short-Term National Muni Bond ETF by 1.3% during the 2nd quarter. ARK & TLK Investments LLC now owns 18,175 shares of the company’s stock worth $1,933,000 after buying an additional 236 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of iShares Short-Term National Muni Bond ETF by 10.3% in the 2nd quarter. Baird Financial Group Inc. now owns 68,148 shares of the company’s stock valued at $7,247,000 after buying an additional 6,379 shares in the last quarter. Cary Street Partners Financial LLC boosted its holdings in shares of iShares Short-Term National Muni Bond ETF by 3.9% in the 2nd quarter. Cary Street Partners Financial LLC now owns 7,606 shares of the company’s stock valued at $809,000 after buying an additional 284 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of iShares Short-Term National Muni Bond ETF by 15.0% in the 2nd quarter. NewEdge Advisors LLC now owns 64,591 shares of the company’s stock valued at $6,869,000 after buying an additional 8,430 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Company Profile

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.