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 large drop in short interest during the month of July. As of July 31st, there was short interest totaling 3,279 shares, a drop of 81.2% from the July 15th total of 17,429 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 44,033 shares, the days-to-cover ratio is currently 0.1 days.

iShares Core 5-10 Year USD Bond ETF Stock Up 0.3%

Shares of NYSEARCA IMTB traded up $0.14 during midday trading on Thursday, hitting $43.12. 8,055 shares of the company’s stock were exchanged, compared to its average volume of 29,265. The business’s fifty day moving average price is $43.30 and its two-hundred day moving average price is $43.72. iShares Core 5-10 Year USD Bond ETF has a 12-month low of $41.92 and a 12-month high of $44.83.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC increased its position in shares of iShares Core 5-10 Year USD Bond ETF by 261.8% during the 2nd quarter. Jane Street Group LLC now owns 114,349 shares of the company’s stock valued at $4,989,000 after purchasing an additional 82,745 shares during the last quarter. UBS Group AG lifted its holdings in shares of iShares Core 5-10 Year USD Bond ETF by 79.6% in the 4th quarter. UBS Group AG now owns 160,061 shares of the company’s stock worth $7,075,000 after acquiring an additional 70,930 shares during the last quarter. Octavia Wealth Advisors LLC lifted its holdings in shares of iShares Core 5-10 Year USD Bond ETF by 8.2% in the 4th quarter. Octavia Wealth Advisors LLC now owns 669,077 shares of the company’s stock worth $29,573,000 after acquiring an additional 50,635 shares during the last quarter. Global Retirement Partners LLC boosted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 34.2% in the 4th quarter. Global Retirement Partners LLC now owns 192,951 shares of the company’s stock valued at $8,528,000 after purchasing an additional 49,165 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of iShares Core 5-10 Year USD Bond ETF by 10.1% in the 3rd quarter. Bank of America Corp DE now owns 311,733 shares of the company’s stock valued at $13,781,000 after purchasing an additional 28,579 shares in the last quarter.

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.