Short Interest in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Increases By 104.5%

by · The Markets Daily

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 215,418 shares, a growth of 104.5% from the July 30th total of 105,363 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 445,135 shares, the short-interest ratio is currently 0.5 days.

iShares Short-Term National Muni Bond ETF Trading Down 0.1%

iShares Short-Term National Muni Bond ETF stock opened at $106.30 on Friday. iShares Short-Term National Muni Bond ETF has a fifty-two week low of $105.70 and a fifty-two week high of $107.51. The firm has a 50 day moving average price of $106.25 and a 200 day moving average price of $106.52.

Hedge Funds Weigh In On iShares Short-Term National Muni Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of SUB. Compass Financial Management LLC acquired a new position in iShares Short-Term National Muni Bond ETF in the 2nd quarter valued at about $126,000. NBH Bank acquired a new stake in shares of iShares Short-Term National Muni Bond ETF during the second quarter worth about $104,000. Rogco LP boosted its stake in shares of iShares Short-Term National Muni Bond ETF by 1.4% in the second quarter. Rogco LP now owns 30,390 shares of the company’s stock valued at $3,236,000 after purchasing an additional 421 shares during the period. Continuum Advisory LLC boosted its stake in shares of iShares Short-Term National Muni Bond ETF by 2.5% in the second quarter. Continuum Advisory LLC now owns 12,188 shares of the company’s stock valued at $1,298,000 after purchasing an additional 303 shares during the period. Finally, Trust Co. of Vermont acquired a new position in shares of iShares Short-Term National Muni Bond ETF in the second quarter valued at approximately $366,000.

About iShares Short-Term National Muni Bond ETF

(Get Free Report)

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.

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