iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Short Interest Down 22.8% in February

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 4,352 shares, a drop of 22.8% from the February 12th total of 5,634 shares. Based on an average daily volume of 52,505 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 52,505 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares Core 5-10 Year USD Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC acquired a new stake in shares of iShares Core 5-10 Year USD Bond ETF during the 4th quarter worth $53,000. Godfrey Financial Associates Inc. bought a new position in shares of iShares Core 5-10 Year USD Bond ETF in the fourth quarter worth $58,000. Chapman Financial Group LLC acquired a new position in iShares Core 5-10 Year USD Bond ETF in the second quarter valued at about $98,000. Rice Partnership LLC raised its stake in iShares Core 5-10 Year USD Bond ETF by 3.4% in the third quarter. Rice Partnership LLC now owns 9,246 shares of the company’s stock valued at $409,000 after purchasing an additional 308 shares in the last quarter. Finally, Reliant Investment Partners LLC lifted its position in iShares Core 5-10 Year USD Bond ETF by 11.3% during the fourth quarter. Reliant Investment Partners LLC now owns 9,986 shares of the company’s stock worth $441,000 after purchasing an additional 1,011 shares during the period.

iShares Core 5-10 Year USD Bond ETF Stock Up 0.4%

Shares of NYSEARCA IMTB traded up $0.19 during midday trading on Monday, reaching $43.92. The company’s stock had a trading volume of 26,417 shares, compared to its average volume of 28,348. The business’s 50 day moving average price is $44.32 and its two-hundred day moving average price is $44.27. iShares Core 5-10 Year USD Bond ETF has a fifty-two week low of $42.11 and a fifty-two week high of $44.83.

iShares Core 5-10 Year USD Bond ETF Company Profile

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.