iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Sees Significant Increase in Short Interest

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 12,600 shares, a growth of 88.1% from the May 15th total of 6,700 shares. Based on an average trading volume of 65,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

iShares Core 10+ Year USD Bond ETF Price Performance

Shares of NYSEARCA:ILTB traded down $0.26 during midday trading on Monday, reaching $48.17. The company had a trading volume of 45,350 shares, compared to its average volume of 73,136. The company’s 50 day moving average price is $48.19 and its 200 day moving average price is $49.04. iShares Core 10+ Year USD Bond ETF has a 52-week low of $46.62 and a 52-week high of $54.32.

Institutional Investors Weigh In On iShares Core 10+ Year USD Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Principal Securities Inc. lifted its holdings in iShares Core 10+ Year USD Bond ETF by 323.6% during the 4th quarter. Principal Securities Inc. now owns 1,525 shares of the company’s stock worth $74,000 after purchasing an additional 1,165 shares in the last quarter. Jones Financial Companies Lllp raised its position in iShares Core 10+ Year USD Bond ETF by 170.8% in the 4th quarter. Jones Financial Companies Lllp now owns 17,236 shares of the company’s stock worth $839,000 after purchasing an additional 10,871 shares during the period. LPL Financial LLC boosted its holdings in iShares Core 10+ Year USD Bond ETF by 28.1% during the 4th quarter. LPL Financial LLC now owns 161,892 shares of the company’s stock valued at $7,876,000 after acquiring an additional 35,561 shares during the period. Jane Street Group LLC bought a new position in shares of iShares Core 10+ Year USD Bond ETF in the fourth quarter worth approximately $2,790,000. Finally, Citadel Advisors LLC bought a new position in shares of iShares Core 10+ Year USD Bond ETF during the fourth quarter valued at about $3,371,000.

About iShares Core 10+ Year USD Bond ETF

iShares Core Long-Term U.S. Bond ETF (the Fund), formerly iShares 10+ Year Government/Credit Bond Fund, seeks investment results that correspond generally to the price and yield performance of the long-term, investment-grade United States corporate and government bond markets as defined by the BofA Merrill Lynch 10+ Year US Corporate & Government Index (the Index).