Short Interest in iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Rises By 2,643.6%

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 16,407 shares, an increase of 2,643.6% from the July 15th total of 598 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 37,558 shares, the days-to-cover ratio is presently 0.4 days.

iShares Core 10+ Year USD Bond ETF Stock Performance

Shares of ILTB opened at $47.17 on Wednesday. The company has a 50-day moving average price of $48.40 and a two-hundred day moving average price of $49.06. iShares Core 10+ Year USD Bond ETF has a 12 month low of $47.03 and a 12 month high of $51.77.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in iShares Core 10+ Year USD Bond ETF by 51.6% in the first quarter. Royal Bank of Canada now owns 43,120 shares of the company’s stock worth $2,157,000 after purchasing an additional 14,669 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of iShares Core 10+ Year USD Bond ETF in the first quarter valued at $275,000. Jane Street Group LLC raised its holdings in shares of iShares Core 10+ Year USD Bond ETF by 104.9% in the second quarter. Jane Street Group LLC now owns 44,484 shares of the company’s stock valued at $2,198,000 after buying an additional 22,770 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Core 10+ Year USD Bond ETF by 1.2% in the second quarter. Bank of America Corp DE now owns 2,103,591 shares of the company’s stock valued at $103,959,000 after buying an additional 24,944 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in iShares Core 10+ Year USD Bond ETF by 6.5% during the 2nd quarter. MML Investors Services LLC now owns 15,012 shares of the company’s stock worth $742,000 after buying an additional 912 shares in the last quarter.

About iShares Core 10+ Year USD Bond ETF

iShares Core Long-Term U.S. Bond ETF (the Fund), formerly iShares 10+ Year Government/Credit Bond Fund, seeks investment results that correspond generally to the price and yield performance of the long-term, investment-grade United States corporate and government bond markets as defined by the BofA Merrill Lynch 10+ Year US Corporate & Government Index (the Index). The Index includes publicly issued United States Treasury debt, the United States Government agency debt, taxable debt issued by the United States states and territories and their political subdivisions, debt issued by the United States and non-United States corporations, non- United States Government debt and supranational debt.