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 target of a large increase in short interest in August. As of August 31st, there was short interest totalling 1,010,000 shares, an increase of 6.8% from the August 15th total of 945,900 shares. Based on an average daily volume of 1,669,600 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. ST Germain D J Co. Inc. purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $153,000. Rehmann Capital Advisory Group grew its stake in iShares 3-7 Year Treasury Bond ETF by 14.6% in the 2nd quarter. Rehmann Capital Advisory Group now owns 77,209 shares of the company’s stock worth $8,899,000 after acquiring an additional 9,846 shares during the period. Idaho Trust Bank purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $1,097,000. GTS Securities LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth approximately $8,959,000. Finally, Imprint Wealth LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 11,569.8% in the 2nd quarter. Imprint Wealth LLC now owns 272,140 shares of the company’s stock worth $27,214,000 after acquiring an additional 269,808 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.2 %

Shares of IEI traded down $0.25 during mid-day trading on Tuesday, reaching $113.46. 1,734,784 shares of the company’s stock were exchanged, compared to its average volume of 1,772,385. The company has a 50-day simple moving average of $114.57 and a two-hundred day simple moving average of $116.19. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.26 and a 52-week high of $119.57.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were paid a dividend of $0.2316 per share. The ex-dividend date of this dividend was Friday, September 1st. This represents a $2.78 dividend on an annualized basis and a dividend yield of 2.45%.

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).