iShares Enhanced Short-Term Bond Active ETF (NYSEARCA:CSHP) Shares Shorted: Short Interest Up 1,617.7% in October

iShares Enhanced Short-Term Bond Active ETF (NYSEARCA:CSHP) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 15,854 shares, an increase of 1,617.7% from the September 30th total of 923 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 23,827 shares, the days-to-cover ratio is presently 0.7 days.

iShares Enhanced Short-Term Bond Active ETF Price Performance

Shares of CSHP opened at $99.67 on Tuesday. The business has a 50-day simple moving average of $99.49 and a two-hundred day simple moving average of $99.37. iShares Enhanced Short-Term Bond Active ETF has a 12-month low of $96.51 and a 12-month high of $100.39.

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

A hedge fund recently bought a new position in iShares Enhanced Short-Term Bond Active ETF stock. Beacon Financial Group purchased a new stake in shares of iShares Enhanced Short-Term Bond Active ETF (NYSEARCA:CSHP) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 28,814 shares of the company’s stock, valued at approximately $2,866,000. Beacon Financial Group owned about 1.51% of iShares Enhanced Short-Term Bond Active ETF at the end of the most recent reporting period.

About iShares Enhanced Short-Term Bond Active ETF

The iShares Enhanced Short-Term Bond Active ETF (CSHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total returns by globally investing in investment-grade, short-term fixed-income securities. CSHP was launched on Jul 17, 2024 and is issued by BlackRock.