Short Interest in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Drops By 14.1%

Posted by Linda Flegge on Apr 16th, 2024

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Get Free Report) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 970,500 shares, a decline of 14.1% from the March 15th total of 1,130,000 shares. Based on an average trading volume of 1,873,000 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of IEI. Hexagon Capital Partners LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 895.5% in the 4th quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock valued at $26,000 after acquiring an additional 197 shares in the last quarter. Nemes Rush Group LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $25,000. Tyler Stone Wealth Management acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at about $29,000. Howe & Rusling Inc. acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $30,000. Finally, Kozak & Associates Inc. acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $31,000.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.3 %

NASDAQ IEI opened at $113.69 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $111.45 and a 52 week high of $119.57. The business’s fifty day simple moving average is $115.38 and its 200-day simple moving average is $115.06.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.3056 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.67 annualized dividend and a yield of 3.23%.

About iShares 3-7 Year Treasury Bond ETF

(Get Free Report)

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).