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

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 220,461 shares, a drop of 66.6% from the May 14th total of 659,727 shares. Based on an average daily volume of 1,268,692 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC raised its holdings in iShares Ultra Short-Term Bond Active ETF by 6.1% in the 3rd quarter. Advisory Services Network LLC now owns 345,149 shares of the company’s stock valued at $17,516,000 after buying an additional 19,812 shares during the last quarter. Advisor OS LLC raised its holdings in iShares Ultra Short-Term Bond Active ETF by 9.5% in the 3rd quarter. Advisor OS LLC now owns 158,442 shares of the company’s stock valued at $8,041,000 after buying an additional 13,750 shares during the last quarter. Aptus Capital Advisors LLC raised its holdings in iShares Ultra Short-Term Bond Active ETF by 45.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 32,250 shares of the company’s stock valued at $1,637,000 after buying an additional 10,147 shares during the last quarter. Prevail Innovative Wealth Advisors LLC bought a new position in iShares Ultra Short-Term Bond Active ETF in the 3rd quarter valued at approximately $3,026,000. Finally, CWM LLC raised its holdings in iShares Ultra Short-Term Bond Active ETF by 17.5% in the 4th quarter. CWM LLC now owns 439,455 shares of the company’s stock valued at $22,228,000 after buying an additional 65,294 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of ICSH remained flat at $50.50 during mid-day trading on Friday. 1,846,626 shares of the stock were exchanged, compared to its average volume of 1,739,598. The business’s fifty day moving average price is $50.53 and its 200 day moving average price is $50.59. iShares Ultra Short-Term Bond Active ETF has a one year low of $50.43 and a one year 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.