Short Interest in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Rises By 1,285.6%

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 4,645,587 shares, a growth of 1,285.6% from the July 15th total of 335,265 shares. Currently, 3.9% of the company’s shares are sold short. Based on an average daily trading volume, of 1,801,039 shares, the short-interest ratio is presently 2.6 days.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.0%

Shares of BATS ICSH traded up $0.01 during midday trading on Tuesday, hitting $50.48. The stock had a trading volume of 1,691,507 shares, compared to its average volume of 1,679,518. iShares Ultra Short-Term Bond Active ETF has a fifty-two week low of $50.40 and a fifty-two week high of $50.77. The company’s 50-day simple moving average is $50.49 and its 200 day simple moving average is $50.55.

Institutional Trading of iShares Ultra Short-Term Bond Active ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in iShares Ultra Short-Term Bond Active ETF by 13.5% during the 3rd quarter. Bank of America Corp DE now owns 4,532,294 shares of the company’s stock valued at $230,014,000 after purchasing an additional 538,131 shares during the period. Foster Dykema Cabot & Partners LLC grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 84.7% during the 4th quarter. Foster Dykema Cabot & Partners LLC now owns 4,025,851 shares of the company’s stock worth $203,628,000 after buying an additional 1,846,242 shares during the period. UBS Group AG grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 6.7% during the 4th quarter. UBS Group AG now owns 4,022,450 shares of the company’s stock worth $203,456,000 after buying an additional 251,028 shares during the period. LPL Financial LLC grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 16.1% during the 4th quarter. LPL Financial LLC now owns 2,887,396 shares of the company’s stock worth $146,044,000 after buying an additional 400,009 shares during the period. Finally, Focus Partners Wealth raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 5.9% during the fourth quarter. Focus Partners Wealth now owns 2,198,208 shares of the company’s stock worth $111,529,000 after buying an additional 122,975 shares during the last quarter.

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.