iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Update

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 54,059 shares, a decrease of 80.9% from the July 15th total of 282,889 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 397,205 shares, the short-interest ratio is currently 0.1 days.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ ISTB opened at $47.97 on Wednesday. The company has a market capitalization of $5.12 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $47.88 and a 12 month high of $49.05. The company’s fifty day moving average price is $48.08 and its two-hundred day moving average price is $48.38.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.1743 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.4%.

Hedge Funds Weigh In On iShares Core 1-5 Year USD Bond ETF

A number of hedge funds have recently bought and sold shares of ISTB. Turtle Creek Wealth Advisors LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the first quarter valued at approximately $44,000. Rossby Financial LCC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 41.7% in the 4th quarter. Rossby Financial LCC now owns 986 shares of the company’s stock worth $48,000 after acquiring an additional 290 shares in the last quarter. Strive Financial Group LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth approximately $68,000. Banque Transatlantique SA grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 47.4% in the 4th quarter. Banque Transatlantique SA now owns 2,126 shares of the company’s stock worth $104,000 after acquiring an additional 684 shares in the last quarter. Finally, Burkett Financial Services LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 166.0% in the 2nd quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock valued at $116,000 after acquiring an additional 1,497 shares during the last quarter.

About iShares Core 1-5 Year USD Bond ETF

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.