iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Significant Growth in Short Interest

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 492,000 shares, a growth of 12.2% from the October 15th total of 438,500 shares. Based on an average daily volume of 338,700 shares, the short-interest ratio is presently 1.5 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Dynasty Wealth Management LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 1st quarter worth $1,407,000. B. Riley Wealth Advisors Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 69.3% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 15,778 shares of the company’s stock worth $732,000 after purchasing an additional 6,456 shares during the last quarter. Global Financial Private Client LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 7.3% in the first quarter. Global Financial Private Client LLC now owns 9,752 shares of the company’s stock valued at $460,000 after buying an additional 665 shares during the period. Jane Street Group LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 29.0% in the 1st quarter. Jane Street Group LLC now owns 523,578 shares of the company’s stock worth $24,839,000 after purchasing an additional 117,604 shares during the last quarter. Finally, Cim LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.1% during the 1st quarter. Cim LLC now owns 491,618 shares of the company’s stock worth $23,322,000 after buying an additional 28,330 shares during the period.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.1 %

NASDAQ:ISTB traded up $0.04 on Monday, reaching $47.86. The stock had a trading volume of 811,296 shares, compared to its average volume of 394,231. The stock has a market cap of $4.08 billion, a P/E ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $46.59 and a 12-month high of $48.75. The company has a 50-day moving average of $48.28 and a 200 day moving average of $47.86.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1594 per share. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, November 1st. This represents a $1.91 annualized dividend and a yield of 4.00%.

About iShares Core 1-5 Year USD Bond ETF

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.