Short Interest in iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Drops By 94.4%
by Kim Johansen · The Markets DailyiShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB – Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 185 shares, a drop of 94.4% from the July 30th total of 3,279 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 21,885 shares, the days-to-cover ratio is presently 0.0 days.
iShares Core 5-10 Year USD Bond ETF Stock Performance
Shares of NYSEARCA IMTB traded up $0.25 during midday trading on Tuesday, hitting $43.25. The stock had a trading volume of 9,834 shares, compared to its average volume of 28,797. iShares Core 5-10 Year USD Bond ETF has a 1-year low of $41.92 and a 1-year high of $44.83. The company has a fifty day moving average price of $43.23 and a 200 day moving average price of $43.65.
Institutional Investors Weigh In On iShares Core 5-10 Year USD Bond ETF
Institutional investors have recently bought and sold shares of the business. Rice Partnership LLC increased its position in shares of iShares Core 5-10 Year USD Bond ETF by 4.7% in the first quarter. Rice Partnership LLC now owns 11,458 shares of the company’s stock worth $502,000 after acquiring an additional 512 shares in the last quarter. Reliant Investment Partners LLC raised its stake in shares of iShares Core 5-10 Year USD Bond ETF by 11.3% in the 4th quarter. Reliant Investment Partners LLC now owns 9,986 shares of the company’s stock valued at $441,000 after acquiring an additional 1,011 shares during the period. Kestra Advisory Services LLC acquired a new position in shares of iShares Core 5-10 Year USD Bond ETF during the 4th quarter valued at $53,000. Godfrey Financial Associates Inc. acquired a new position in shares of iShares Core 5-10 Year USD Bond ETF during the 4th quarter valued at $58,000. Finally, Chapman Financial Group LLC purchased a new stake in iShares Core 5-10 Year USD Bond ETF during the 2nd quarter worth $98,000.
About iShares Core 5-10 Year USD Bond ETF
The iShares Core 5-10 Year USD Bond ETF (IMTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted, USD-denominated broad bond index with maturities between five and ten years. Eligible sectors include US Treasurys, global government-related bonds, global investment-grade and high yield corporate bonds, and emerging market bonds. IMTB was launched on Nov 1, 2016 and is managed by BlackRock.