iShares Core Total USD Bond Market ETF (IUSB) Sees Large Drop in Short Interest

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 966,364 shares, a drop of 67.1% from the January 15th total of 2,934,078 shares. Based on an average daily volume of 245,536 shares, the days-to-cover ratio is presently 3.9 days.

NASDAQ IUSB opened at $49.78 on Tuesday. iShares Core Total USD Bond Market ETF has a one year low of $48.34 and a one year high of $49.99.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 7th. Stockholders of record on Monday, February 4th were paid a $0.1374 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.10. The ex-dividend date was Friday, February 1st. This represents a $1.65 annualized dividend and a dividend yield of 3.31%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Parsons Capital Management Inc. RI boosted its stake in shares of iShares Core Total USD Bond Market ETF by 2.0% in the fourth quarter. Parsons Capital Management Inc. RI now owns 18,014 shares of the company’s stock valued at $887,000 after purchasing an additional 356 shares during the period. Sigma Planning Corp boosted its stake in shares of iShares Core Total USD Bond Market ETF by 4.0% in the fourth quarter. Sigma Planning Corp now owns 11,028 shares of the company’s stock valued at $543,000 after purchasing an additional 425 shares during the period. SVA Plumb Wealth Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 7.7% in the fourth quarter. SVA Plumb Wealth Management LLC now owns 9,292 shares of the company’s stock valued at $458,000 after purchasing an additional 664 shares during the period. Mackey Komara & Dankovich LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $34,000. Finally, Gradient Capital Advisors LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 6.7% in the fourth quarter. Gradient Capital Advisors LLC now owns 13,255 shares of the company’s stock valued at $653,000 after purchasing an additional 836 shares during the period.

TRADEMARK VIOLATION WARNING: “iShares Core Total USD Bond Market ETF (IUSB) Sees Large Drop in Short Interest” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2019/02/12/ishares-core-total-usd-bond-market-etf-iusb-sees-large-drop-in-short-interest.html.

Featured Article: Candlestick

Receive News & Ratings for iShares Core Total USD Bond Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core Total USD Bond Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply