iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) Short Interest Update

iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 6,460,000 shares, an increase of 19.9% from the December 31st total of 5,390,000 shares. Based on an average trading volume of 6,465,100 shares, the short-interest ratio is presently 1.0 days.

iShares 7-10 Year Treasury Bond ETF Stock Performance

IEF traded up $0.11 on Monday, hitting $93.13. 381,840 shares of the company were exchanged, compared to its average volume of 4,868,320. The stock has a market capitalization of $32.01 billion, a PE ratio of -21.67 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 12 month low of $91.02 and a 12 month high of $99.18. The firm has a fifty day simple moving average of $93.11 and a two-hundred day simple moving average of $95.15.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.3075 per share. This is a boost from iShares 7-10 Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.69 dividend on an annualized basis and a yield of 3.96%.

Institutional Investors Weigh In On iShares 7-10 Year Treasury Bond ETF

Several institutional investors have recently modified their holdings of IEF. Logan Capital Management Inc. bought a new position in iShares 7-10 Year Treasury Bond ETF in the 3rd quarter worth approximately $25,000. Montag A & Associates Inc. raised its holdings in iShares 7-10 Year Treasury Bond ETF by 113.5% during the 4th quarter. Montag A & Associates Inc. now owns 301 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 160 shares during the period. Hazlett Burt & Watson Inc. purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $34,000. Van ECK Associates Corp purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $35,000. Finally, Dunhill Financial LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter valued at $38,000. 81.48% of the stock is owned by hedge funds and other institutional investors.

iShares 7-10 Year Treasury Bond ETF Company Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.