iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Short Interest Up 53.5% in February

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 2,210,000 shares, an increase of 53.5% from the February 13th total of 1,440,000 shares. Currently, 1.7% of the company’s shares are sold short. Based on an average trading volume of 1,588,300 shares, the days-to-cover ratio is presently 1.4 days.

Hedge Funds Weigh In On iShares 3-7 Year Treasury Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Captrust Financial Advisors lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 17,868.4% in the 3rd quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock valued at $316,671,000 after purchasing an additional 2,632,906 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $165,416,000. Bank of America Corp DE lifted its stake in iShares 3-7 Year Treasury Bond ETF by 17.3% in the fourth quarter. Bank of America Corp DE now owns 6,800,864 shares of the company’s stock valued at $785,840,000 after buying an additional 1,001,309 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 8.8% in the fourth quarter. JPMorgan Chase & Co. now owns 10,465,313 shares of the company’s stock valued at $1,209,267,000 after acquiring an additional 842,335 shares during the period. Finally, National Bank of Canada FI grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 158.6% during the fourth quarter. National Bank of Canada FI now owns 1,211,531 shares of the company’s stock worth $140,113,000 after acquiring an additional 743,111 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.0 %

iShares 3-7 Year Treasury Bond ETF stock traded up $0.04 during mid-day trading on Monday, hitting $117.29. The company’s stock had a trading volume of 1,140,748 shares, compared to its average volume of 1,720,209. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33. The stock’s fifty day moving average is $116.19 and its two-hundred day moving average is $116.97.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.3038 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares 3-7 Year Treasury Bond ETF Company Profile

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index).