iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Shares Shorted: Short Interest Down 66.9% in September

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 472,801 shares, a decrease of 66.9% from the August 31st total of 1,429,808 shares. Based on an average trading volume of 1,910,173 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.4% of the company’s shares are sold short.

iShares Ultra Short-Term Bond Active ETF Trading Up 0.0%

Shares of ICSH stock opened at $50.40 on Friday. The stock has a 50-day moving average price of $50.47 and a 200 day moving average price of $50.51. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $50.37 and a 12 month high of $50.77.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. LPL Financial LLC grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 16.1% during the 4th quarter. LPL Financial LLC now owns 2,887,396 shares of the company’s stock worth $146,044,000 after buying an additional 400,009 shares during the period. Focus Partners Wealth lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 5.9% in the fourth quarter. Focus Partners Wealth now owns 2,198,208 shares of the company’s stock valued at $111,529,000 after buying an additional 122,975 shares during the period. Mariner LLC lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 7.4% in the fourth quarter. Mariner LLC now owns 1,272,504 shares of the company’s stock valued at $64,363,000 after buying an additional 88,083 shares during the period. Foster Group Inc. boosted its stake in iShares Ultra Short-Term Bond Active ETF by 5.6% in the second quarter. Foster Group Inc. now owns 1,181,596 shares of the company’s stock valued at $59,765,000 after acquiring an additional 62,177 shares during the last quarter. Finally, Iron Gate Global Advisors LLC boosted its stake in iShares Ultra Short-Term Bond Active ETF by 20.4% in the fourth quarter. Iron Gate Global Advisors LLC now owns 1,014,919 shares of the company’s stock valued at $51,335,000 after acquiring an additional 171,741 shares during the last quarter.

About iShares Ultra Short-Term Bond Active ETF

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.