Short Interest in iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) Drops By 64.0%

iShares Core 5-10 Year USD Bond ETF (NYSEARCA:IMTB) saw a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 5,634 shares, a decrease of 64.0% from the January 29th total of 15,663 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 31,574 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 31,574 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

iShares Core 5-10 Year USD Bond ETF Trading Up 0.2%

NYSEARCA:IMTB traded up $0.10 on Friday, hitting $44.80. The stock had a trading volume of 13,766 shares, compared to its average volume of 30,912. The business’s 50-day simple moving average is $44.31 and its two-hundred day simple moving average is $44.22. iShares Core 5-10 Year USD Bond ETF has a 52-week low of $42.11 and a 52-week high of $44.83.

Institutional Trading of iShares Core 5-10 Year USD Bond ETF

Large investors have recently added to or reduced their stakes in the business. Ethos Capital Management Inc. bought a new position in iShares Core 5-10 Year USD Bond ETF in the fourth quarter worth approximately $8,135,000. Global Retirement Partners LLC purchased a new stake in shares of iShares Core 5-10 Year USD Bond ETF in the 2nd quarter worth $5,678,000. Jane Street Group LLC increased its stake in shares of iShares Core 5-10 Year USD Bond ETF by 261.8% in the 2nd quarter. Jane Street Group LLC now owns 114,349 shares of the company’s stock worth $4,989,000 after purchasing an additional 82,745 shares in the last quarter. UBS Group AG raised its holdings in iShares Core 5-10 Year USD Bond ETF by 79.6% in the 4th quarter. UBS Group AG now owns 160,061 shares of the company’s stock worth $7,075,000 after purchasing an additional 70,930 shares during the period. Finally, Octavia Wealth Advisors LLC lifted its position in iShares Core 5-10 Year USD Bond ETF by 8.2% during the fourth quarter. Octavia Wealth Advisors LLC now owns 669,077 shares of the company’s stock valued at $29,573,000 after purchasing an additional 50,635 shares in the last quarter.

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.