iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) Sees Significant Growth in Short Interest

iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,018,107 shares, an increase of 28.0% from the March 31st total of 2,358,048 shares. Based on an average daily trading volume, of 2,863,277 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares Core S&P Total U.S. Stock Market ETF

Several hedge funds and other institutional investors have recently modified their holdings of ITOT. Blue Bell Private Wealth Management LLC grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.6% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 4,669 shares of the company’s stock worth $680,000 after buying an additional 72 shares during the last quarter. Rossby Financial LCC grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 9.3% in the 3rd quarter. Rossby Financial LCC now owns 868 shares of the company’s stock worth $127,000 after buying an additional 74 shares during the last quarter. One Capital Management LLC grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.1% in the 4th quarter. One Capital Management LLC now owns 7,039 shares of the company’s stock worth $1,047,000 after buying an additional 74 shares during the last quarter. DGS Capital Management LLC grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 4.0% in the 4th quarter. DGS Capital Management LLC now owns 2,085 shares of the company’s stock worth $310,000 after buying an additional 81 shares during the last quarter. Finally, Harbor Investment Advisory LLC grew its position in shares of iShares Core S&P Total U.S. Stock Market ETF by 1.4% in the 3rd quarter. Harbor Investment Advisory LLC now owns 6,129 shares of the company’s stock worth $893,000 after buying an additional 84 shares during the last quarter.

iShares Core S&P Total U.S. Stock Market ETF Stock Up 0.6%

ITOT traded up $0.95 during trading on Friday, hitting $158.24. The company’s stock had a trading volume of 967,167 shares, compared to its average volume of 5,676,812. iShares Core S&P Total U.S. Stock Market ETF has a twelve month low of $121.45 and a twelve month high of $158.59. The stock’s fifty day moving average price is $148.55 and its 200-day moving average price is $148.80. The firm has a market capitalization of $89.33 billion, a P/E ratio of 24.36 and a beta of 1.01.

iShares Core S&P Total U.S. Stock Market ETF Company Profile

The iShares Core S&P Total U.S. Stock Market ETF (ITOT) is an exchange-traded fund that is based on the S&P TMI index. The fund tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ITOT was launched on Jan 20, 2004 and is managed by BlackRock.