iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Short Interest Update

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 659,727 shares, a decline of 57.2% from the April 30th total of 1,541,234 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 1,559,280 shares, the days-to-cover ratio is presently 0.4 days.

iShares Ultra Short-Term Bond Active ETF Price Performance

ICSH stock opened at $50.60 on Monday. iShares Ultra Short-Term Bond Active ETF has a 1-year low of $50.45 and a 1-year high of $50.77. The business’s 50 day simple moving average is $50.55 and its 200 day simple moving average is $50.60.

Institutional Trading of iShares Ultra Short-Term Bond Active ETF

Several institutional investors have recently added to or reduced their stakes in the company. Mullaney Keating & Wright Inc. lifted its position in shares of iShares Ultra Short-Term Bond Active ETF by 8.7% during the 1st quarter. Mullaney Keating & Wright Inc. now owns 93,615 shares of the company’s stock valued at $4,739,000 after acquiring an additional 7,524 shares during the period. WNY Asset Management LLC bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 1st quarter valued at $487,000. Segall Bryant & Hamill LLC bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 1st quarter valued at $625,000. Wellington Grp LLC lifted its position in shares of iShares Ultra Short-Term Bond Active ETF by 6.6% during the 1st quarter. Wellington Grp LLC now owns 277,350 shares of the company’s stock valued at $14,039,000 after acquiring an additional 17,251 shares during the period. Finally, Western Wealth Management LLC bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 1st quarter worth $168,000.

iShares Ultra Short-Term Bond Active ETF Company Profile

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.