iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Stock Short Interest Climbs 157.7%

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 5,633 shares, a growth of 157.7% from the August 31st total of 2,186 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 48,143 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On iShares Core 5-10 Year USD Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Comprehensive Money Management Services LLC bought a new position in iShares Core 5-10 Year USD Bond ETF in the 1st quarter worth approximately $210,000. NewEdge Advisors LLC bought a new stake in iShares Core 5-10 Year USD Bond ETF during the 2nd quarter valued at $236,000. Rice Partnership LLC boosted its position in iShares Core 5-10 Year USD Bond ETF by 18.4% during the 4th quarter. Rice Partnership LLC now owns 10,946 shares of the company’s stock worth $484,000 after acquiring an additional 1,700 shares during the period. Royal Bank of Canada boosted its position in iShares Core 5-10 Year USD Bond ETF by 37.9% during the 1st quarter. Royal Bank of Canada now owns 43,639 shares of the company’s stock worth $1,912,000 after acquiring an additional 12,002 shares during the period. Finally, IFP Advisors Inc acquired a new position in iShares Core 5-10 Year USD Bond ETF during the 2nd quarter worth $2,224,000.

iShares Core 5-10 Year USD Bond ETF Price Performance

NYSEARCA IMTB traded down $0.24 on Monday, hitting $41.47. The stock had a trading volume of 114,036 shares, compared to its average volume of 31,781. iShares Core 5-10 Year USD Bond ETF has a one year low of $41.38 and a one year high of $44.83. The company’s 50-day moving average is $42.74 and its two-hundred day moving average is $43.32.

iShares Core 5-10 Year USD Bond ETF Company Profile

The iShares Core 5-10 Year USD Bond ETF (IMTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted, USD-denominated broad bond index with maturities between five and ten years. Eligible sectors include US Treasurys, global government-related bonds, global investment-grade and high yield corporate bonds, and emerging market bonds. IMTB was launched on Nov 1, 2016 and is managed by BlackRock.