iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Sees Large Growth in Short Interest

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 678,335 shares, a growth of 190.2% from the June 15th total of 233,786 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,178,249 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Sheets Smith Wealth Management raised its position in iShares Ultra Short-Term Bond Active ETF by 0.5% during the fourth quarter. Sheets Smith Wealth Management now owns 45,062 shares of the company’s stock valued at $2,279,000 after purchasing an additional 204 shares in the last quarter. CGN Advisors LLC boosted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 0.5% in the 2nd quarter. CGN Advisors LLC now owns 38,269 shares of the company’s stock valued at $1,936,000 after purchasing an additional 209 shares in the last quarter. Jaffetilchin Investment Partners LLC boosted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 1.4% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 18,177 shares of the company’s stock valued at $919,000 after purchasing an additional 247 shares in the last quarter. Johnson Bixby & Associates LLC raised its holdings in iShares Ultra Short-Term Bond Active ETF by 3.2% during the 4th quarter. Johnson Bixby & Associates LLC now owns 8,094 shares of the company’s stock worth $409,000 after purchasing an additional 254 shares during the last quarter. Finally, TD Waterhouse Canada Inc. raised its holdings in iShares Ultra Short-Term Bond Active ETF by 5.1% during the 4th quarter. TD Waterhouse Canada Inc. now owns 5,254 shares of the company’s stock worth $266,000 after purchasing an additional 254 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

ICSH stock opened at $50.45 on Monday. The company’s 50-day moving average price is $50.51 and its two-hundred day moving average price is $50.57. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $50.40 and a 12 month high of $50.77.

About iShares Ultra Short-Term Bond Active ETF

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.