iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Up 609.7% in February

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 4,000,000 shares, an increase of 609.7% from the January 31st total of 563,600 shares. Based on an average daily trading volume, of 2,775,700 shares, the short-interest ratio is presently 1.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. SWAN Capital LLC acquired a new position in iShares Core Total USD Bond Market ETF during the third quarter worth $25,000. Abich Financial Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $25,000. Peterson Financial Group Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $30,000. Synergy Investment Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $29,000. Finally, Evermay Wealth Management LLC acquired a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $31,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $46.04 on Friday. The company’s fifty day moving average is $45.32 and its two-hundred day moving average is $46.00. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1542 dividend. The ex-dividend date was Monday, February 3rd.

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.