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 decrease in short interest in June. As of June 30th, there was short interest totaling 35,658 shares, a decrease of 46.0% from the June 15th total of 66,078 shares. Based on an average daily volume of 42,110 shares, the short-interest ratio is currently 0.8 days. Approximately 0.6% of the company’s stock are short sold.

iShares Core 5-10 Year USD Bond ETF Stock Performance

Shares of NYSEARCA:IMTB opened at $43.23 on Wednesday. The company has a fifty day simple moving average of $43.49 and a 200 day simple moving average of $43.90. iShares Core 5-10 Year USD Bond ETF has a 12-month low of $42.95 and a 12-month high of $44.83.

Institutional Trading of iShares Core 5-10 Year USD Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new position in iShares Core 5-10 Year USD Bond ETF during the 4th quarter worth approximately $53,000. Godfrey Financial Associates Inc. bought a new stake in iShares Core 5-10 Year USD Bond ETF during the fourth quarter valued at $58,000. Chapman Financial Group LLC acquired a new stake in shares of iShares Core 5-10 Year USD Bond ETF during the second quarter worth $98,000. Comprehensive Money Management Services LLC acquired a new stake in shares of iShares Core 5-10 Year USD Bond ETF during the first quarter worth $210,000. Finally, Reliant Investment Partners LLC lifted its position in shares of iShares Core 5-10 Year USD Bond ETF by 11.3% in the 4th quarter. Reliant Investment Partners LLC now owns 9,986 shares of the company’s stock worth $441,000 after buying an additional 1,011 shares during the last quarter.

iShares Core 5-10 Year USD Bond ETF Company Profile

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.