Short Interest in iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Declines By 22.8%

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 4,352 shares, a decline of 22.8% from the February 12th total of 5,634 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 52,505 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 52,505 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

iShares Core 5-10 Year USD Bond ETF Price Performance

IMTB traded down $0.05 during trading on Friday, hitting $43.73. 36,156 shares of the company traded hands, compared to its average volume of 28,389. iShares Core 5-10 Year USD Bond ETF has a one year low of $42.11 and a one year high of $44.83. The stock’s fifty day moving average is $44.32 and its 200 day moving average is $44.27.

Institutional Investors Weigh In On iShares Core 5-10 Year USD Bond ETF

Large investors have recently modified their holdings of the stock. Global Retirement Partners LLC lifted its stake in iShares Core 5-10 Year USD Bond ETF by 10.5% in the third quarter. Global Retirement Partners LLC now owns 143,786 shares of the company’s stock valued at $6,356,000 after purchasing an additional 13,653 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in iShares Core 5-10 Year USD Bond ETF by 31.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 19,948 shares of the company’s stock worth $870,000 after buying an additional 4,798 shares during the last quarter. Octavia Wealth Advisors LLC increased its position in iShares Core 5-10 Year USD Bond ETF by 6.4% in the third quarter. Octavia Wealth Advisors LLC now owns 618,442 shares of the company’s stock worth $27,339,000 after buying an additional 37,381 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of iShares Core 5-10 Year USD Bond ETF by 23.1% in the second quarter. Osaic Holdings Inc. now owns 29,082 shares of the company’s stock valued at $1,271,000 after buying an additional 5,455 shares during the period. Finally, Reliant Investment Partners LLC raised its stake in shares of iShares Core 5-10 Year USD Bond ETF by 11.3% in the fourth quarter. Reliant Investment Partners LLC now owns 9,986 shares of the company’s stock valued at $441,000 after buying an additional 1,011 shares during the period.

About iShares Core 5-10 Year USD Bond ETF

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.