iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Short Interest Update

by · The Markets Daily

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 105,363 shares, an increase of 239.1% from the July 15th total of 31,067 shares. Based on an average daily volume of 414,036 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in shares of iShares Short-Term National Muni Bond ETF by 15.0% during the second quarter. NewEdge Advisors LLC now owns 64,591 shares of the company’s stock valued at $6,869,000 after acquiring an additional 8,430 shares during the period. Ameriprise Financial Inc. grew its position in iShares Short-Term National Muni Bond ETF by 1.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 990,029 shares of the company’s stock worth $105,252,000 after purchasing an additional 15,207 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in iShares Short-Term National Muni Bond ETF during the 2nd quarter worth approximately $930,000. WFA of San Diego LLC acquired a new stake in iShares Short-Term National Muni Bond ETF during the 2nd quarter valued at $95,000. Finally, Captrust Financial Advisors raised its stake in iShares Short-Term National Muni Bond ETF by 7.5% during the 2nd quarter. Captrust Financial Advisors now owns 1,418,214 shares of the company’s stock valued at $150,813,000 after purchasing an additional 98,544 shares during the period.

iShares Short-Term National Muni Bond ETF Trading Down 0.0%

NYSEARCA:SUB opened at $106.28 on Friday. The stock has a fifty day simple moving average of $106.28 and a 200 day simple moving average of $106.58. iShares Short-Term National Muni Bond ETF has a 1-year low of $105.70 and a 1-year high of $107.51.

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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