iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Short Interest Update

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 105,363 shares, a growth of 239.1% from the July 15th total of 31,067 shares. Based on an average daily trading volume, of 414,036 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

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

Shares of NYSEARCA:SUB traded down $0.05 during mid-day trading on Friday, reaching $106.28. 479,781 shares of the company traded hands, compared to its average volume of 508,648. The company’s 50 day moving average price is $106.28 and its 200-day moving average price is $106.58. iShares Short-Term National Muni Bond ETF has a 52 week low of $105.70 and a 52 week high of $107.51.

Hedge Funds Weigh In On iShares Short-Term National Muni Bond ETF

Hedge funds have recently modified their holdings of the company. Allstate Corp raised its position in shares of iShares Short-Term National Muni Bond ETF by 3,158.4% during the 4th quarter. Allstate Corp now owns 1,547,744 shares of the company’s stock valued at $165,144,000 after purchasing an additional 1,500,244 shares during the period. Captrust Financial Advisors boosted its holdings in iShares Short-Term National Muni Bond ETF by 7.5% in the 2nd quarter. Captrust Financial Advisors now owns 1,418,214 shares of the company’s stock worth $150,813,000 after buying an additional 98,544 shares during the period. Ameriprise Financial Inc. increased its stake in iShares Short-Term National Muni Bond ETF by 3.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,019,871 shares of the company’s stock worth $108,598,000 after buying an additional 29,842 shares in the last quarter. Salomon & Ludwin LLC increased its stake in iShares Short-Term National Muni Bond ETF by 4.3% in the 4th quarter. Salomon & Ludwin LLC now owns 663,262 shares of the company’s stock worth $70,851,000 after buying an additional 27,347 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in iShares Short-Term National Muni Bond ETF by 0.9% during the fourth quarter. JPMorgan Chase & Co. now owns 640,659 shares of the company’s stock valued at $68,358,000 after acquiring an additional 5,896 shares during the period.

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.