iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Short Interest Up 90.4% in February

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw a significant increase in short interest in February. As of February 13th, there was short interest totaling 340,070 shares, an increase of 90.4% from the January 29th total of 178,572 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 434,237 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 434,237 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the shares of the stock are short sold.

iShares Short-Term National Muni Bond ETF Trading Up 0.0%

Shares of SUB traded up $0.04 during mid-day trading on Friday, reaching $107.44. 456,002 shares of the company’s stock were exchanged, compared to its average volume of 605,556. iShares Short-Term National Muni Bond ETF has a 52-week low of $104.02 and a 52-week high of $107.51. The company has a 50-day simple moving average of $107.09 and a two-hundred day simple moving average of $106.85.

Institutional Trading of iShares Short-Term National Muni Bond ETF

A number of large investors have recently made changes to their positions in SUB. Baird Financial Group Inc. grew its position in shares of iShares Short-Term National Muni Bond ETF by 10.3% in the 2nd quarter. Baird Financial Group Inc. now owns 68,148 shares of the company’s stock worth $7,247,000 after acquiring an additional 6,379 shares in the last quarter. GAMMA Investing LLC increased its position in iShares Short-Term National Muni Bond ETF by 9.1% in the third quarter. GAMMA Investing LLC now owns 153,373 shares of the company’s stock worth $16,377,000 after buying an additional 12,763 shares during the period. Diversified Portfolios Inc. boosted its holdings in shares of iShares Short-Term National Muni Bond ETF by 27.0% during the second quarter. Diversified Portfolios Inc. now owns 60,557 shares of the company’s stock valued at $6,440,000 after acquiring an additional 12,881 shares during the period. TIAA Trust National Association boosted its holdings in shares of iShares Short-Term National Muni Bond ETF by 9.0% during the second quarter. TIAA Trust National Association now owns 3,412,277 shares of the company’s stock valued at $362,861,000 after acquiring an additional 281,169 shares during the period. Finally, Strategic Blueprint LLC grew its position in shares of iShares Short-Term National Muni Bond ETF by 73.7% during the third quarter. Strategic Blueprint LLC now owns 12,955 shares of the company’s stock worth $1,383,000 after acquiring an additional 5,498 shares during the last quarter.

About iShares Short-Term National Muni Bond ETF

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.