iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Short Interest Update

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,186 shares, an increase of 1,081.6% from the August 15th total of 185 shares. Based on an average daily trading volume, of 17,896 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares Core 5-10 Year USD Bond ETF

Several large investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC acquired a new position in iShares Core 5-10 Year USD Bond ETF during the 4th quarter valued at about $53,000. Godfrey Financial Associates Inc. purchased a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the fourth quarter worth approximately $58,000. Chapman Financial Group LLC purchased a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the second quarter worth approximately $98,000. Comprehensive Money Management Services LLC bought a new position in shares of iShares Core 5-10 Year USD Bond ETF in the first quarter valued at approximately $210,000. Finally, NewEdge Advisors LLC bought a new position in shares of iShares Core 5-10 Year USD Bond ETF in the second quarter valued at approximately $236,000.

iShares Core 5-10 Year USD Bond ETF Stock Down 0.8%

Shares of NYSEARCA IMTB traded down $0.36 during mid-day trading on Thursday, reaching $42.20. 67,118 shares of the company’s stock traded hands, compared to its average volume of 28,613. The business has a 50-day simple moving average of $43.02 and a 200 day simple moving average of $43.51. iShares Core 5-10 Year USD Bond ETF has a 1-year low of $41.92 and a 1-year high of $44.83.

About iShares Core 5-10 Year USD Bond ETF

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.