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

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 5,760,000 shares, a growth of 44.0% from the February 13th total of 4,000,000 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 3,002,600 shares, the short-interest ratio is presently 1.9 days.

iShares Core Total USD Bond Market ETF Trading Up 0.1 %

NASDAQ:IUSB traded up $0.06 on Monday, hitting $45.83. The company’s stock had a trading volume of 2,237,563 shares, compared to its average volume of 3,004,694. The stock has a fifty day moving average of $45.50 and a two-hundred day moving average of $45.93. The firm has a market capitalization of $32.60 billion, a P/E ratio of 16.77 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a one year low of $44.21 and a one year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1553 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

Hedge Funds Weigh In On iShares Core Total USD Bond Market ETF

A number of large investors have recently made changes to their positions in IUSB. Kovack Advisors Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF by 4.3% during the third quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock worth $262,000 after purchasing an additional 227 shares during the period. Evolution Wealth Advisors LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 9.8% during the third quarter. Evolution Wealth Advisors LLC now owns 65,433 shares of the company’s stock worth $3,083,000 after purchasing an additional 5,830 shares during the period. Maxwell Wealth Strategies Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF by 7.9% during the third quarter. Maxwell Wealth Strategies Inc. now owns 72,098 shares of the company’s stock worth $3,304,000 after purchasing an additional 5,270 shares during the period. Peterson Financial Group Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $30,000. Finally, Claro Advisors LLC increased its stake in iShares Core Total USD Bond Market ETF by 49.4% during the 3rd quarter. Claro Advisors LLC now owns 335,101 shares of the company’s stock worth $15,790,000 after acquiring an additional 110,810 shares during the period.

About iShares Core Total USD Bond Market ETF

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.