iShares Ultra Short-Term Bond Active ETF (BATS:ICSH – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,277,120 shares, a decline of 72.5% from the July 30th total of 4,645,587 shares. Based on an average daily trading volume, of 1,433,032 shares, the short-interest ratio is currently 0.9 days. Approximately 1.1% of the company’s stock are short sold.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. TD Capital Management LLC raised its holdings in iShares Ultra Short-Term Bond Active ETF by 2,595.0% in the fourth quarter. TD Capital Management LLC now owns 539 shares of the company’s stock valued at $27,000 after acquiring an additional 519 shares in the last quarter. Triumph Capital Management acquired a new position in iShares Ultra Short-Term Bond Active ETF in the third quarter worth about $28,000. NBC Securities Inc. grew its stake in iShares Ultra Short-Term Bond Active ETF by 497.0% in the fourth quarter. NBC Securities Inc. now owns 597 shares of the company’s stock worth $30,000 after purchasing an additional 497 shares in the last quarter. Mcguire Capital Advisors Inc. bought a new stake in iShares Ultra Short-Term Bond Active ETF in the fourth quarter valued at about $34,000. Finally, Garton & Associates Financial Advisors LLC bought a new stake in iShares Ultra Short-Term Bond Active ETF in the fourth quarter valued at about $40,000.
iShares Ultra Short-Term Bond Active ETF Stock Performance
BATS:ICSH traded up $0.02 on Thursday, reaching $50.57. The stock had a trading volume of 2,564,970 shares, compared to its average volume of 1,649,828. The company has a 50-day moving average of $50.50 and a 200 day moving average of $50.54. 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.
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