iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Short Interest Up 146.5% in June

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 66,078 shares, a growth of 146.5% from the May 31st total of 26,805 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 23,888 shares, the short-interest ratio is currently 2.8 days.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ethos Capital Management Inc. bought a new stake in iShares Core 5-10 Year USD Bond ETF during the 4th quarter valued at approximately $8,135,000. Jane Street Group LLC lifted its holdings in shares of iShares Core 5-10 Year USD Bond ETF by 261.8% during the second quarter. Jane Street Group LLC now owns 114,349 shares of the company’s stock worth $4,989,000 after buying an additional 82,745 shares during the last quarter. UBS Group AG boosted its position in shares of iShares Core 5-10 Year USD Bond ETF by 79.6% in the fourth quarter. UBS Group AG now owns 160,061 shares of the company’s stock valued at $7,075,000 after acquiring an additional 70,930 shares during the period. Octavia Wealth Advisors LLC grew its stake in shares of iShares Core 5-10 Year USD Bond ETF by 8.2% in the fourth quarter. Octavia Wealth Advisors LLC now owns 669,077 shares of the company’s stock worth $29,573,000 after acquiring an additional 50,635 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in iShares Core 5-10 Year USD Bond ETF by 34.2% during the fourth quarter. Global Retirement Partners LLC now owns 192,951 shares of the company’s stock worth $8,528,000 after acquiring an additional 49,165 shares during the period.

iShares Core 5-10 Year USD Bond ETF Price Performance

Shares of NYSEARCA:IMTB traded down $0.27 during midday trading on Tuesday, hitting $43.61. 229,575 shares of the stock were exchanged, compared to its average volume of 29,146. iShares Core 5-10 Year USD Bond ETF has a 52-week low of $42.95 and a 52-week high of $44.83. The business’s fifty day simple moving average is $43.61 and its two-hundred day simple moving average is $43.96.

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.