iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) Short Interest Up 1,395.7% in May

iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 38,200 shares, an increase of 1,395.7% from the April 30th total of 2,554 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 35,372 shares, the days-to-cover ratio is presently 1.1 days.

iShares Core 10+ Year USD Bond ETF Price Performance

ILTB stock traded up $0.11 during trading on Wednesday, reaching $48.89. 65,099 shares of the company were exchanged, compared to its average volume of 52,816. The company has a 50-day moving average of $48.92 and a two-hundred day moving average of $49.69. iShares Core 10+ Year USD Bond ETF has a twelve month low of $47.54 and a twelve month high of $51.77.

Hedge Funds Weigh In On iShares Core 10+ Year USD Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased its position in iShares Core 10+ Year USD Bond ETF by 32.4% during the 4th quarter. IFP Advisors Inc now owns 960 shares of the company’s stock worth $48,000 after purchasing an additional 235 shares in the last quarter. Fifth Third Bancorp bought a new stake in iShares Core 10+ Year USD Bond ETF during the 1st quarter worth approximately $161,000. Advisory Services Network LLC bought a new stake in iShares Core 10+ Year USD Bond ETF during the 3rd quarter worth approximately $201,000. Winter & Associates Inc. bought a new stake in iShares Core 10+ Year USD Bond ETF during the 4th quarter worth approximately $239,000. Finally, Thrivent Financial for Lutherans bought a new stake in iShares Core 10+ Year USD Bond ETF during the 3rd quarter worth approximately $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.