Short Interest in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Expands By 491.6%


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iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,130,000 shares, an increase of 491.6% from the December 15th total of 191,000 shares. Based on an average daily volume of 487,000 shares, the short-interest ratio is presently 2.3 days.

A number of institutional investors have recently added to or reduced their stakes in ISTB. Acorns Advisers LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter worth $182,458,000. Raymond James & Associates raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.9% during the third quarter. Raymond James & Associates now owns 13,710,653 shares of the company’s stock valued at $706,784,000 after buying an additional 392,685 shares during the last quarter. Hudson Capital Management LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the third quarter valued at about $16,692,000. Thrivent Financial for Lutherans raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 67.4% during the third quarter. Thrivent Financial for Lutherans now owns 699,748 shares of the company’s stock valued at $36,072,000 after buying an additional 281,642 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 29.7% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 1,220,400 shares of the company’s stock valued at $62,912,000 after buying an additional 279,316 shares during the last quarter.

ISTB stock opened at $51.60 on Thursday. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.53 and a 1 year high of $51.81. The company has a fifty day simple moving average of $51.61 and a 200 day simple moving average of $51.53.

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