iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Stock Short Interest Jumps 163.3%

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 572,025 shares, a growth of 163.3% from the September 15th total of 217,276 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 1,372,478 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares Short-Term National Muni Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton boosted its holdings in shares of iShares Short-Term National Muni Bond ETF by 43.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 20,494 shares of the company’s stock valued at $2,142,000 after acquiring an additional 6,169 shares during the last quarter. CX Institutional increased its stake in shares of iShares Short-Term National Muni Bond ETF by 398.2% in the third quarter. CX Institutional now owns 599,280 shares of the company’s stock worth $62,649,000 after acquiring an additional 478,996 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of iShares Short-Term National Muni Bond ETF by 10.2% during the first quarter. Janney Montgomery Scott LLC now owns 122,001 shares of the company’s stock worth $12,993,000 after purchasing an additional 11,319 shares during the last quarter. John A. Wolfe & Associates Inc. purchased a new position in shares of iShares Short-Term National Muni Bond ETF during the fourth quarter worth $51,951,000. Finally, Root Financial Partners LLC raised its holdings in shares of iShares Short-Term National Muni Bond ETF by 18.8% during the first quarter. Root Financial Partners LLC now owns 35,327 shares of the company’s stock worth $3,762,000 after purchasing an additional 5,584 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Stock Up 0.2%

NYSEARCA:SUB traded up $0.17 during trading hours on Tuesday, hitting $105.02. 1,542,291 shares of the company were exchanged, compared to its average volume of 624,098. iShares Short-Term National Muni Bond ETF has a 52-week low of $104.05 and a 52-week high of $107.51. The company’s 50 day moving average price is $105.55 and its 200-day moving average price is $106.08.

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.