iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Down 30.3% in February

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 172,900 shares, a decrease of 30.3% from the February 13th total of 248,100 shares. Based on an average trading volume of 437,900 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.0 %

ISTB traded up $0.02 on Tuesday, hitting $48.14. 136,588 shares of the company traded hands, compared to its average volume of 363,898. The company has a 50 day moving average of $47.97 and a 200-day moving average of $48.07. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $46.65 and a 12-month high of $48.75. The stock has a market capitalization of $4.28 billion, a PE ratio of 10.95 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1568 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Golden State Wealth Management LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth $32,000. Ameriflex Group Inc. bought a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth about $34,000. BNP Paribas Financial Markets bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at approximately $46,000. Burkett Financial Services LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 56.3% during the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock valued at $47,000 after buying an additional 358 shares during the last quarter. Finally, Crews Bank & Trust acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at approximately $90,000.

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.