iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Short Interest Update

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,277,120 shares, a decline of 72.5% from the July 30th total of 4,645,587 shares. Based on an average daily volume of 1,433,032 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.1% of the company’s shares are sold short.

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

A number of hedge funds have recently made changes to their positions in ICSH. Bison Wealth LLC lifted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 32.1% during the fourth quarter. Bison Wealth LLC now owns 90,281 shares of the company’s stock worth $4,553,000 after purchasing an additional 21,925 shares in the last quarter. Jane Street Group LLC boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 126.7% in the 1st quarter. Jane Street Group LLC now owns 206,046 shares of the company’s stock worth $10,447,000 after acquiring an additional 115,176 shares during the period. Baird Financial Group Inc. grew its position in iShares Ultra Short-Term Bond Active ETF by 0.9% in the second quarter. Baird Financial Group Inc. now owns 55,346 shares of the company’s stock valued at $2,807,000 after acquiring an additional 506 shares in the last quarter. NewEdge Advisors LLC grew its position in iShares Ultra Short-Term Bond Active ETF by 6.4% in the second quarter. NewEdge Advisors LLC now owns 32,626 shares of the company’s stock valued at $1,654,000 after acquiring an additional 1,968 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 18.1% during the second quarter. Raymond James Financial Inc. now owns 1,003,443 shares of the company’s stock valued at $50,885,000 after purchasing an additional 153,726 shares during the period.

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

ICSH traded up $0.02 on Thursday, reaching $50.57. 2,564,970 shares of the company’s stock were exchanged, compared to its average volume of 1,649,828. iShares Ultra Short-Term Bond Active ETF has a twelve month low of $50.40 and a twelve month high of $50.77. The company’s 50 day moving average is $50.50 and its 200-day moving average is $50.54.

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.