iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Down 39.6% in March

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a significant drop in short interest in March. As of March 31st, there was short interest totaling 40,676 shares, a drop of 39.6% from the March 15th total of 67,326 shares. Based on an average daily trading volume, of 513,481 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ISTB. CoreCap Advisors LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 174.1% in the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after acquiring an additional 458 shares during the last quarter. Spire Wealth Management grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% during the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after buying an additional 218 shares during the last quarter. Rossby Financial LCC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 41.7% during the fourth quarter. Rossby Financial LCC now owns 986 shares of the company’s stock valued at $48,000 after buying an additional 290 shares during the last quarter. Strive Financial Group LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at about $68,000. Finally, Rothschild Investment LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 41.8% during the third quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock valued at $83,000 after buying an additional 500 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.0%

Shares of ISTB stock traded down $0.02 on Wednesday, reaching $48.52. The company’s stock had a trading volume of 328,978 shares, compared to its average volume of 479,014. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $48.06 and a 12-month high of $49.05. The company has a market capitalization of $4.75 billion, a P/E ratio of 10.99 and a beta of 0.12. The stock’s 50 day simple moving average is $48.62 and its 200-day simple moving average is $48.73.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a $0.1748 dividend. The ex-dividend date was Wednesday, April 1st.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.