iShares Enhanced Short-Term Bond Active ETF (NYSEARCA:CSHP) Sees Significant Increase in Short Interest

iShares Enhanced Short-Term Bond Active ETF (NYSEARCA:CSHP) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 4,720 shares, an increase of 4,395.2% from the July 15th total of 105 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 123,711 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On iShares Enhanced Short-Term Bond Active ETF

A hedge fund recently bought a new stake in iShares Enhanced Short-Term Bond Active ETF stock. JPMorgan Chase & Co. acquired a new position in iShares Enhanced Short-Term Bond Active ETF (NYSEARCA:CSHP) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 9,997 shares of the company’s stock, valued at approximately $998,000. JPMorgan Chase & Co. owned about 0.66% of iShares Enhanced Short-Term Bond Active ETF at the end of the most recent reporting period.

iShares Enhanced Short-Term Bond Active ETF Stock Down 0.1%

Shares of CSHP stock traded down $0.08 during mid-day trading on Tuesday, hitting $99.24. 701 shares of the stock traded hands, compared to its average volume of 13,042. The company’s 50-day simple moving average is $99.39 and its 200-day simple moving average is $99.35. iShares Enhanced Short-Term Bond Active ETF has a twelve month low of $98.89 and a twelve month high of $100.18.

About iShares Enhanced Short-Term Bond Active ETF

The iShares Enhanced Short-Term Bond Active ETF (CSHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total returns by globally investing in investment-grade, short-term fixed-income securities. CSHP was launched on Jul 17, 2024 and is issued by BlackRock.