iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Short Interest Update

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 16,430,000 shares, a growth of 15.9% from the October 15th total of 14,180,000 shares. Based on an average daily trading volume, of 7,931,300 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IEF. Capital Investment Counsel Inc purchased a new position in shares of iShares 7-10 Year Treasury Bond ETF in the second quarter worth about $25,000. Innealta Capital LLC bought a new position in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth $28,000. Hazlett Burt & Watson Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the third quarter valued at about $34,000. Van ECK Associates Corp bought a new stake in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $35,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares 7-10 Year Treasury Bond ETF in the 2nd quarter valued at $36,000. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Up 0.0 %

iShares 7-10 Year Treasury Bond ETF stock opened at $93.32 on Monday. iShares 7-10 Year Treasury Bond ETF has a 12-month low of $91.02 and a 12-month high of $99.18. The stock has a market cap of $33.15 billion, a PE ratio of -21.67 and a beta of 0.05. The business’s 50-day moving average price is $96.22 and its two-hundred day moving average price is $95.26.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.2916 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.50 annualized dividend and a dividend yield of 3.75%.

iShares 7-10 Year Treasury Bond ETF Company Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.