Short Interest in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Decreases By 37.9%

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 130,461 shares, a decrease of 37.9% from the January 15th total of 210,176 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 552,445 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 552,445 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ:ISTB traded up $0.09 during trading on Friday, hitting $48.94. 289,664 shares of the company were exchanged, compared to its average volume of 504,215. The firm’s 50 day moving average price is $48.77 and its 200-day moving average price is $48.78. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.77 and a 12-month high of $48.99. The stock has a market capitalization of $4.78 billion, a P/E ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.1724 dividend. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, February 2nd.

Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 100.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 165,118 shares of the company’s stock valued at $7,983,000 after purchasing an additional 82,911 shares during the last quarter. Jane Street Group LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF in the first quarter worth $1,681,000. US Bancorp DE lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 5.9% in the second quarter. US Bancorp DE now owns 14,461 shares of the company’s stock valued at $704,000 after acquiring an additional 800 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 16.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,732 shares of the company’s stock worth $376,000 after purchasing an additional 1,067 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 7.3% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 6,325 shares of the company’s stock worth $308,000 after purchasing an additional 430 shares during the period.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.