iShares Enhanced Short-Term Bond Active ETF (NYSEARCA:CSHP) Short Interest Down 62.4% in May

iShares Enhanced Short-Term Bond Active ETF (NYSEARCA:CSHP) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 761 shares, a drop of 62.4% from the May 14th total of 2,026 shares. Based on an average daily trading volume, of 1,683 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.

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

A hedge fund recently bought a new stake in iShares Enhanced Short-Term Bond Active ETF stock. JPMorgan Chase & Co. bought a new position in iShares Enhanced Short-Term Bond Active ETF (NYSEARCA:CSHP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,997 shares of the company’s stock, valued at approximately $998,000. JPMorgan Chase & Co. owned 0.66% of iShares Enhanced Short-Term Bond Active ETF at the end of the most recent quarter.

iShares Enhanced Short-Term Bond Active ETF Stock Performance

Shares of NYSEARCA:CSHP traded up $0.03 during midday trading on Friday, reaching $99.44. The company’s stock had a trading volume of 321 shares, compared to its average volume of 3,581. iShares Enhanced Short-Term Bond Active ETF has a fifty-two week low of $98.89 and a fifty-two week high of $100.18. The business’s fifty day simple moving average is $99.43 and its 200-day simple moving average is $99.27.

About iShares Enhanced Short-Term Bond Active ETF

The iShares Enhanced Short-Term Bond Active ETF (CSHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking total returns by globally investing in investment-grade, short-term fixed-income securities. CSHP was launched on Jul 17, 2024 and is issued by BlackRock.