iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Sees Large Decline in Short Interest

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 5,634 shares, a decline of 64.0% from the January 29th total of 15,663 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 31,574 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 31,574 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

iShares Core 5-10 Year USD Bond ETF Stock Up 0.2%

iShares Core 5-10 Year USD Bond ETF stock traded up $0.10 during trading hours on Friday, reaching $44.80. 13,766 shares of the stock were exchanged, compared to its average volume of 30,912. iShares Core 5-10 Year USD Bond ETF has a 52-week low of $42.11 and a 52-week high of $44.83. The firm’s 50 day moving average is $44.33 and its 200 day moving average is $44.23.

Institutional Investors Weigh In On iShares Core 5-10 Year USD Bond ETF

A number of hedge funds have recently added to or reduced their stakes in IMTB. Rice Partnership LLC increased its position in iShares Core 5-10 Year USD Bond ETF by 3.4% during the 3rd quarter. Rice Partnership LLC now owns 9,246 shares of the company’s stock worth $409,000 after purchasing an additional 308 shares during the period. 5T Wealth LLC boosted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 2.0% in the fourth quarter. 5T Wealth LLC now owns 24,874 shares of the company’s stock valued at $1,099,000 after buying an additional 486 shares in the last quarter. Reliant Investment Partners LLC grew its holdings in iShares Core 5-10 Year USD Bond ETF by 11.3% during the fourth quarter. Reliant Investment Partners LLC now owns 9,986 shares of the company’s stock worth $441,000 after acquiring an additional 1,011 shares during the period. Kestra Advisory Services LLC acquired a new position in iShares Core 5-10 Year USD Bond ETF during the fourth quarter worth $53,000. Finally, Godfrey Financial Associates Inc. purchased a new position in iShares Core 5-10 Year USD Bond ETF in the fourth quarter worth $58,000.

iShares Core 5-10 Year USD Bond ETF Company Profile

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.