iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Short Interest Down 79.3% in May

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 7,901 shares, a drop of 79.3% from the May 14th total of 38,200 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 36,050 shares, the days-to-cover ratio is currently 0.2 days.

iShares Core 10+ Year USD Bond ETF Price Performance

ILTB stock traded down $0.12 during midday trading on Wednesday, reaching $48.58. The stock had a trading volume of 333,173 shares, compared to its average volume of 57,795. The business has a fifty day simple moving average of $48.92 and a two-hundred day simple moving average of $49.60. iShares Core 10+ Year USD Bond ETF has a twelve month low of $47.54 and a twelve month high of $51.77.

Institutional Trading of iShares Core 10+ Year USD Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ILTB. IFP Advisors Inc increased its position in iShares Core 10+ Year USD Bond ETF by 32.4% in the fourth quarter. IFP Advisors Inc now owns 960 shares of the company’s stock worth $48,000 after purchasing an additional 235 shares during the period. Fifth Third Bancorp acquired a new stake in iShares Core 10+ Year USD Bond ETF in the first quarter worth about $161,000. Advisory Services Network LLC acquired a new stake in iShares Core 10+ Year USD Bond ETF in the third quarter worth about $201,000. Winter & Associates Inc. acquired a new stake in iShares Core 10+ Year USD Bond ETF in the fourth quarter worth about $239,000. Finally, Thrivent Financial for Lutherans acquired a new stake in iShares Core 10+ Year USD Bond ETF in the third quarter worth about $247,000.

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). The Index includes publicly issued United States Treasury debt, the United States Government agency debt, taxable debt issued by the United States states and territories and their political subdivisions, debt issued by the United States and non-United States corporations, non- United States Government debt and supranational debt.