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 target of a large increase in short interest in November. As of November 30th, there was short interest totalling 922,400 shares, an increase of 151.2% from the November 15th total of 367,200 shares. Based on an average daily volume of 3,641,200 shares, the days-to-cover ratio is currently 0.3 days.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.66 on Friday. The company’s fifty day moving average is $45.97 and its two-hundred day moving average is $46.07. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-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, December 5th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.1593 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date was Monday, December 2nd.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. GPS Wealth Strategies Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter worth $77,000. 180 Wealth Advisors LLC grew its position in iShares Core Total USD Bond Market ETF by 7.4% in the 2nd quarter. 180 Wealth Advisors LLC now owns 9,174 shares of the company’s stock valued at $419,000 after buying an additional 634 shares in the last quarter. Silver Lake Advisory LLC acquired a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at about $529,000. 17 Capital Partners LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 9.5% during the 2nd quarter. 17 Capital Partners LLC now owns 12,722 shares of the company’s stock worth $575,000 after buying an additional 1,104 shares in the last quarter. Finally, Miracle Mile Advisors LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 24.9% in the 2nd quarter. Miracle Mile Advisors LLC now owns 512,990 shares of the company’s stock worth $23,197,000 after acquiring an additional 102,139 shares during the period.

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.