iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sees Significant Increase in Short Interest

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 105,363 shares, an increase of 239.1% from the July 15th total of 31,067 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 414,036 shares, the short-interest ratio is currently 0.3 days.

iShares Short-Term National Muni Bond ETF Stock Up 0.0%

Shares of NYSEARCA:SUB traded up $0.04 during midday trading on Thursday, reaching $106.35. The company’s stock had a trading volume of 162,073 shares, compared to its average volume of 506,859. The stock has a fifty day moving average of $106.29 and a 200 day moving average of $106.59. iShares Short-Term National Muni Bond ETF has a twelve month low of $105.70 and a twelve month high of $107.51.

Hedge Funds Weigh In On iShares Short-Term National Muni Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SUB. Salomon & Ludwin LLC increased its stake in iShares Short-Term National Muni Bond ETF by 4.3% during the fourth quarter. Salomon & Ludwin LLC now owns 663,262 shares of the company’s stock worth $70,851,000 after acquiring an additional 27,347 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in iShares Short-Term National Muni Bond ETF by 89.9% in the fourth quarter. Farther Finance Advisors LLC now owns 43,158 shares of the company’s stock valued at $4,605,000 after acquiring an additional 20,436 shares in the last quarter. North Star Investment Management Corp. lifted its stake in iShares Short-Term National Muni Bond ETF by 994.7% in the fourth quarter. North Star Investment Management Corp. now owns 24,630 shares of the company’s stock worth $2,628,000 after acquiring an additional 22,380 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in iShares Short-Term National Muni Bond ETF by 10.2% in the first quarter. Janney Montgomery Scott LLC now owns 122,001 shares of the company’s stock worth $12,993,000 after acquiring an additional 11,319 shares during the last quarter. Finally, TD Private Client Wealth LLC grew its holdings in iShares Short-Term National Muni Bond ETF by 26.8% during the 4th quarter. TD Private Client Wealth LLC now owns 132,212 shares of the company’s stock worth $14,107,000 after acquiring an additional 27,926 shares in the last quarter.

iShares Short-Term National Muni Bond ETF Company Profile

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.