iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Short Interest Update

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,541,234 shares, an increase of 2,016.5% from the April 15th total of 72,821 shares. Based on an average trading volume of 1,512,613 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.3% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares Ultra Short-Term Bond Active ETF

Several institutional investors have recently modified their holdings of ICSH. Bison Wealth LLC lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 32.1% in the fourth quarter. Bison Wealth LLC now owns 90,281 shares of the company’s stock worth $4,553,000 after purchasing an additional 21,925 shares during the period. Jane Street Group LLC lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 126.7% in the first quarter. Jane Street Group LLC now owns 206,046 shares of the company’s stock worth $10,447,000 after purchasing an additional 115,176 shares during the period. Baird Financial Group Inc. lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 0.9% in the second quarter. Baird Financial Group Inc. now owns 55,346 shares of the company’s stock worth $2,807,000 after purchasing an additional 506 shares during the period. NewEdge Advisors LLC lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 6.4% in the second quarter. NewEdge Advisors LLC now owns 32,626 shares of the company’s stock worth $1,654,000 after purchasing an additional 1,968 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 18.1% in the second quarter. Raymond James Financial Inc. now owns 1,003,443 shares of the company’s stock worth $50,885,000 after purchasing an additional 153,726 shares during the period.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.0%

Shares of iShares Ultra Short-Term Bond Active ETF stock traded up $0.01 during trading on Wednesday, hitting $50.51. 969,196 shares of the stock were exchanged, compared to its average volume of 1,806,211. The stock’s fifty day moving average is $50.56 and its 200 day moving average is $50.61. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $50.45 and a 12 month high of $50.77.

About iShares Ultra Short-Term Bond Active ETF

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.