Short Interest in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Rises By 1,285.6%

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 4,645,587 shares, a growth of 1,285.6% from the July 15th total of 335,265 shares. Based on an average trading volume of 1,801,039 shares, the days-to-cover ratio is presently 2.6 days. Currently, 3.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 13.5% during the 3rd quarter. Bank of America Corp DE now owns 4,532,294 shares of the company’s stock worth $230,014,000 after purchasing an additional 538,131 shares during the last quarter. Foster Dykema Cabot & Partners LLC lifted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 84.7% in the 4th quarter. Foster Dykema Cabot & Partners LLC now owns 4,025,851 shares of the company’s stock valued at $203,628,000 after purchasing an additional 1,846,242 shares during the last quarter. UBS Group AG lifted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 6.7% in the 4th quarter. UBS Group AG now owns 4,022,450 shares of the company’s stock valued at $203,456,000 after purchasing an additional 251,028 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 16.1% in the fourth quarter. LPL Financial LLC now owns 2,887,396 shares of the company’s stock worth $146,044,000 after purchasing an additional 400,009 shares in the last quarter. Finally, Focus Partners Wealth boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 5.9% in the fourth quarter. Focus Partners Wealth now owns 2,198,208 shares of the company’s stock worth $111,529,000 after purchasing an additional 122,975 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.0%

BATS:ICSH opened at $50.49 on Thursday. iShares Ultra Short-Term Bond Active ETF has a fifty-two week low of $50.40 and a fifty-two week high of $50.77. The stock’s 50-day moving average is $50.49 and its two-hundred day moving average is $50.55.

About iShares Ultra Short-Term Bond Active ETF

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.