iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sees Large Increase in Short Interest

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 1,066,516 shares, an increase of 33.5% from the January 15th total of 798,938 shares. Based on an average daily volume of 1,484,823 shares, the short-interest ratio is presently 0.7 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average daily volume of 1,484,823 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IEI. Arete Wealth Advisors LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 196.9% in the fourth quarter. Arete Wealth Advisors LLC now owns 21,416 shares of the company’s stock valued at $2,556,000 after purchasing an additional 14,204 shares in the last quarter. Jacobi Capital Management LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 26.9% during the 4th quarter. Jacobi Capital Management LLC now owns 18,938 shares of the company’s stock worth $2,260,000 after acquiring an additional 4,018 shares during the last quarter. CreativeOne Wealth LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 24.2% in the 4th quarter. CreativeOne Wealth LLC now owns 31,994 shares of the company’s stock worth $3,819,000 after acquiring an additional 6,226 shares in the last quarter. Cordoba Advisory Partners LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth $13,120,000. Finally, Transamerica Financial Advisors LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 8.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 1,451 shares of the company’s stock valued at $173,000 after purchasing an additional 117 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI traded up $0.32 during trading on Friday, hitting $120.14. 2,193,025 shares of the company’s stock were exchanged, compared to its average volume of 1,721,817. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $115.72 and a fifty-two week high of $120.43. The business’s 50 day moving average is $119.34 and its two-hundred day moving average is $119.48.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.367 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, February 2nd.

About iShares 3-7 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.