iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sees Significant Increase in Short Interest

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,030,000 shares, an increase of 24.5% from the March 15th total of 1,630,000 shares. Based on an average daily volume of 1,997,100 shares, the short-interest ratio is presently 1.0 days. Currently, 1.5% of the shares of the company are sold short.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

Institutional investors have recently bought and sold shares of the business. Nwam LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 96.4% during the 4th quarter. Nwam LLC now owns 12,542 shares of the company’s stock worth $1,449,000 after purchasing an additional 6,156 shares during the last quarter. Principal Securities Inc. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.6% in the fourth quarter. Principal Securities Inc. now owns 6,712 shares of the company’s stock worth $776,000 after acquiring an additional 172 shares during the last quarter. Silverleafe Capital Partners LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $1,829,000. World Investment Advisors LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth $1,054,000. Finally, Robinson Value Management Ltd. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 1.5% in the 4th quarter. Robinson Value Management Ltd. now owns 22,650 shares of the company’s stock valued at $2,617,000 after acquiring an additional 332 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI traded down $0.09 during mid-day trading on Friday, reaching $118.14. 1,695,468 shares of the stock were exchanged, compared to its average volume of 2,068,084. The business’s 50 day moving average is $117.39 and its 200-day moving average is $116.67. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a $0.3417 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Tuesday, April 1st. This represents a $4.10 dividend on an annualized basis and a yield of 3.47%.

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).