iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Sees Large Increase in Short Interest

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 4,645,587 shares, a growth of 1,285.6% from the July 15th total of 335,265 shares. Currently, 3.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,801,039 shares, the days-to-cover ratio is presently 2.6 days.

Institutional Investors Weigh In On iShares Ultra Short-Term Bond Active ETF

Large investors have recently bought and sold shares of the business. Guidance Capital Inc. boosted its stake in iShares Ultra Short-Term Bond Active ETF by 13.6% in the fourth quarter. Guidance Capital Inc. now owns 208,358 shares of the company’s stock worth $10,557,000 after purchasing an additional 24,967 shares in the last quarter. Guyasuta Investment Advisors Inc. acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the first quarter valued at $3,600,000. J.W. Cole Advisors Inc. raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 7.1% in the fourth quarter. J.W. Cole Advisors Inc. now owns 354,460 shares of the company’s stock valued at $17,929,000 after buying an additional 23,374 shares during the last quarter. Legacy Wealth Managment LLC ID raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 80.4% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 189,695 shares of the company’s stock valued at $9,595,000 after buying an additional 84,531 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 17.5% in the fourth quarter. CWM LLC now owns 439,455 shares of the company’s stock valued at $22,228,000 after buying an additional 65,294 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.0%

BATS ICSH opened at $50.48 on Wednesday. The company has a 50 day moving average of $50.49 and a 200-day moving average of $50.55. iShares Ultra Short-Term Bond Active ETF has a 1-year low of $50.40 and a 1-year high of $50.77.

About iShares Ultra Short-Term Bond Active ETF

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.