iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Short Interest Down 43.0% in August

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 122,894 shares, a decrease of 43.0% from the August 15th total of 215,418 shares. Based on an average daily trading volume, of 496,234 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of iShares Short-Term National Muni Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Rothschild Investment LLC boosted its holdings in iShares Short-Term National Muni Bond ETF by 13,400.0% during the fourth quarter. Rothschild Investment LLC now owns 405 shares of the company’s stock worth $43,000 after purchasing an additional 402 shares during the last quarter. Monetary Solutions Ltd purchased a new stake in iShares Short-Term National Muni Bond ETF in the 4th quarter valued at about $54,000. NBH Bank purchased a new stake in iShares Short-Term National Muni Bond ETF in the 2nd quarter valued at about $104,000. Compass Financial Management LLC bought a new position in shares of iShares Short-Term National Muni Bond ETF during the 2nd quarter worth approximately $126,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of iShares Short-Term National Muni Bond ETF during the 4th quarter worth approximately $158,000.

iShares Short-Term National Muni Bond ETF Trading Up 0.0%

NYSEARCA SUB traded up $0.02 on Thursday, reaching $105.43. The company had a trading volume of 678,058 shares, compared to its average volume of 516,368. The company’s fifty day moving average is $106.08 and its 200 day moving average is $106.37. iShares Short-Term National Muni Bond ETF has a 52-week low of $105.35 and a 52-week high of $107.51.

About iShares Short-Term National Muni Bond ETF

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.