Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Grows By 609.7%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSBGet Free Report) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 4,000,000 shares, an increase of 609.7% from the January 31st total of 563,600 shares. Based on an average trading volume of 2,775,700 shares, the days-to-cover ratio is presently 1.4 days.

iShares Core Total USD Bond Market ETF Stock Up 0.5 %

IUSB stock traded up $0.21 during trading on Friday, reaching $46.25. The company had a trading volume of 4,792,645 shares, compared to its average volume of 2,977,599. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44. The firm has a 50-day simple moving average of $45.35 and a 200-day simple moving average of $46.00.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.1542 dividend. The ex-dividend date was Monday, February 3rd.

Institutional Trading of iShares Core Total USD Bond Market ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IUSB. SWAN Capital LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $25,000. Abich Financial Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at approximately $25,000. Peterson Financial Group Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $30,000. Synergy Investment Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth $29,000. Finally, Evermay Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $31,000.

About iShares Core Total USD Bond Market ETF

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The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.

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