iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Short Interest Update

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 5,633 shares, a growth of 157.7% from the August 31st total of 2,186 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 48,143 shares, the short-interest ratio is currently 0.1 days.

iShares Core 5-10 Year USD Bond ETF Trading Up 0.3%

NYSEARCA IMTB opened at $41.71 on Friday. iShares Core 5-10 Year USD Bond ETF has a twelve month low of $41.53 and a twelve month high of $44.83. The firm has a 50-day simple moving average of $42.74 and a 200 day simple moving average of $43.32.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC acquired a new stake in shares of iShares Core 5-10 Year USD Bond ETF during the 2nd quarter valued at about $236,000. IFP Advisors Inc acquired a new stake in iShares Core 5-10 Year USD Bond ETF during the second quarter valued at approximately $2,224,000. Citadel Advisors LLC grew its stake in shares of iShares Core 5-10 Year USD Bond ETF by 123.5% in the 2nd quarter. Citadel Advisors LLC now owns 222,147 shares of the company’s stock valued at $9,688,000 after purchasing an additional 122,757 shares during the period. Bank of America Corp DE raised its holdings in shares of iShares Core 5-10 Year USD Bond ETF by 1.9% in the 1st quarter. Bank of America Corp DE now owns 225,696 shares of the company’s stock worth $9,890,000 after buying an additional 4,272 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of iShares Core 5-10 Year USD Bond ETF by 37.9% during the 1st quarter. Royal Bank of Canada now owns 43,639 shares of the company’s stock worth $1,912,000 after buying an additional 12,002 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.