Short Interest in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Declines By 57.2%

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 659,727 shares, a decline of 57.2% from the April 30th total of 1,541,234 shares. Based on an average daily volume of 1,559,280 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.6% of the company’s stock are sold short.

iShares Ultra Short-Term Bond Active ETF Stock Performance

BATS:ICSH opened at $50.60 on Friday. iShares Ultra Short-Term Bond Active ETF has a one year low of $50.45 and a one year high of $50.77. The firm has a 50-day simple moving average of $50.55 and a 200-day simple moving average of $50.60.

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

Large investors have recently modified their holdings of the business. Networth Advisors LLC bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 4th quarter valued at about $27,000. TD Capital Management LLC raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 2,595.0% in the 4th quarter. TD Capital Management LLC now owns 539 shares of the company’s stock valued at $27,000 after purchasing an additional 519 shares in the last quarter. Triumph Capital Management bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 3rd quarter valued at about $28,000. NBC Securities Inc. raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 497.0% in the 4th quarter. NBC Securities Inc. now owns 597 shares of the company’s stock valued at $30,000 after purchasing an additional 497 shares in the last quarter. Finally, Rosenberg Matthew Hamilton raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 166.9% in the 4th quarter. Rosenberg Matthew Hamilton now owns 670 shares of the company’s stock valued at $34,000 after purchasing an additional 419 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Company Profile

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.