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 large decrease in short interest during the month of 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 volume of 496,234 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

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

NYSEARCA SUB opened at $105.47 on Tuesday. The stock has a fifty day simple moving average of $106.12 and a 200-day simple moving average of $106.39. iShares Short-Term National Muni Bond ETF has a twelve month low of $105.41 and a twelve month high of $107.51.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. TD Private Client Wealth LLC grew its position in iShares Short-Term National Muni Bond ETF by 26.8% in the 4th quarter. TD Private Client Wealth LLC now owns 132,212 shares of the company’s stock valued at $14,107,000 after acquiring an additional 27,926 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of iShares Short-Term National Muni Bond ETF by 10.2% during the first quarter. Janney Montgomery Scott LLC now owns 122,001 shares of the company’s stock worth $12,993,000 after purchasing an additional 11,319 shares in the last quarter. One Capital Management LLC lifted its position in shares of iShares Short-Term National Muni Bond ETF by 5.9% during the fourth quarter. One Capital Management LLC now owns 168,082 shares of the company’s stock worth $17,934,000 after purchasing an additional 9,352 shares in the last quarter. Root Financial Partners LLC boosted its stake in shares of iShares Short-Term National Muni Bond ETF by 18.8% in the first quarter. Root Financial Partners LLC now owns 35,327 shares of the company’s stock valued at $3,762,000 after purchasing an additional 5,584 shares during the period. Finally, John A. Wolfe & Associates Inc. purchased a new position in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter valued at approximately $51,951,000.

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.