iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Shares Shorted: Short Interest Up 163.3% in September

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 572,025 shares, an increase of 163.3% from the September 15th total of 217,276 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 1,372,478 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of iShares Short-Term National Muni Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Captrust Financial Advisors raised its holdings in shares of iShares Short-Term National Muni Bond ETF by 2.3% in the 4th quarter. Captrust Financial Advisors now owns 1,252,435 shares of the company’s stock worth $133,635,000 after purchasing an additional 27,839 shares in the last quarter. CX Institutional grew its position in shares of iShares Short-Term National Muni Bond ETF by 398.2% in the third quarter. CX Institutional now owns 599,280 shares of the company’s stock valued at $62,649,000 after purchasing an additional 478,996 shares during the last quarter. John A. Wolfe & Associates Inc. bought a new stake in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter valued at about $51,951,000. DGS Capital Management LLC lifted its holdings in shares of iShares Short-Term National Muni Bond ETF by 8.0% during the 4th quarter. DGS Capital Management LLC now owns 337,218 shares of the company’s stock worth $35,981,000 after acquiring an additional 25,067 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in iShares Short-Term National Muni Bond ETF by 4.0% during the 3rd quarter. GAMMA Investing LLC now owns 230,745 shares of the company’s stock valued at $24,122,000 after purchasing an additional 8,896 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Stock Performance

iShares Short-Term National Muni Bond ETF stock traded up $0.04 during midday trading on Monday, hitting $104.83. 999,411 shares of the company were exchanged, compared to its average volume of 618,783. iShares Short-Term National Muni Bond ETF has a fifty-two week low of $104.05 and a fifty-two week high of $107.51. The company’s fifty day moving average price is $105.59 and its 200-day moving average price is $106.10.

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.