iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Large Decrease in Short Interest

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 130,461 shares, a decline of 37.9% from the January 15th total of 210,176 shares. Based on an average daily volume of 552,445 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 552,445 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ISTB. CoreCap Advisors LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 174.1% in the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after acquiring an additional 458 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth approximately $37,000. Spire Wealth Management boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% in the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after buying an additional 218 shares during the period. Rossby Financial LCC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 41.7% in the 4th quarter. Rossby Financial LCC now owns 986 shares of the company’s stock valued at $48,000 after acquiring an additional 290 shares in the last quarter. Finally, Rothschild Investment LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 41.8% during the 3rd quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock valued at $83,000 after acquiring an additional 500 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB stock traded up $0.08 during midday trading on Friday, hitting $48.93. 146,808 shares of the company were exchanged, compared to its average volume of 499,315. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.77 and a 52 week high of $48.99. The firm has a market capitalization of $4.78 billion, a P/E ratio of 10.99 and a beta of 0.11. The firm’s 50 day moving average price is $48.77 and its two-hundred day moving average price is $48.77.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1724 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, February 2nd.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.