iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Sees Large Decline in Short Interest

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 3,141,120 shares, a decrease of 91.8% from the May 31st total of 38,415,571 shares. Based on an average trading volume of 4,565,125 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the company’s stock are sold short.

iShares Core Total USD Bond Market ETF Stock Up 0.1%

IUSB traded up $0.03 during trading on Thursday, hitting $46.26. The company had a trading volume of 3,416,816 shares, compared to its average volume of 4,628,431. The company has a market capitalization of $36.61 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a one year low of $45.47 and a one year high of $47.23. The firm’s 50-day moving average price is $46.08 and its 200 day moving average price is $46.39.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.1511 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.9%.

Institutional Trading of iShares Core Total USD Bond Market ETF

A number of institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $27,000. Mcguire Capital Advisors Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $30,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $30,000. Chapman Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $31,000. Finally, Hurley Capital LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth $33,000.

iShares Core Total USD Bond Market ETF Company Profile

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.