iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Records Significant Short-Term Interest Growth

0

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Get Rating) was the target of a sharp increase in short-term interest during the month of May. As of May 15, there was short interest totaling 1,130,000 shares, an increase of 117.7% from the total of 519,100 shares as of April 30. Based on an average daily volume of 2,015,100 shares, the short interest rate is currently 0.6 days.

Shares of IEI rose $0.10 during Friday trading hours, hitting $121.00. 9,127 shares of the company were traded, compared to its average volume of 1,819,672. The stock’s 50-day simple moving average is $120.50 and its 200-day simple moving average is 124, $89. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $118.78 and a 12-month high of $132.23.

The company also recently declared a monthly dividend, which was paid on Friday, May 6. Shareholders of record on Tuesday, May 3 received a dividend of $0.095 per share. This represents an annualized dividend of $1.14 and a dividend yield of 0.94%. The ex-dividend date was Monday, May 2.

A number of hedge funds and other institutional investors have recently changed their positions in the stock. Tyler Stone Wealth Management increased its stake in iShares 3-7 Year Treasury Bond ETF by 50.9% during the first quarter. Tyler Stone Wealth Management now owns 252 shares of the company worth $31,000 after buying 85 more shares in the last quarter. Signature Securities Group Corporation increased its stake in iShares 3-7 Year Treasury Bond ETF by 3.6% during the first quarter. Signature Securities Group Corporation now owns 2,473 shares of the company worth $301,000 after buying 86 additional shares in the last quarter. B. Riley Wealth Management Inc. increased its holdings in iShares 3-7 Year Treasury Bond ETF by 3.4% in the fourth quarter. B. Riley Wealth Management Inc. now owns 2,645 shares of the company worth $340,000 after purchasing 88 additional shares during the period. Heron Financial Group LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 2.1% in the first quarter. Heron Financial Group LLC now owns 4,719 shares of the company worth $576,000 after purchasing 95 additional shares during the period. Finally, Rice Partnership LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 10.4% in the first quarter. Rice Partnership LLC now owns 1,018 shares of the company worth $124,000 after purchasing 96 additional shares during the period.

(A d)

Charlie Shrem is like the “godfather of cryptocurrencies”. He discovered Bitcoin while it was trading for $5. Ethereum at $109.

Binance at just $6. Cardano for 5 CENTS.

Today he shares details of a 0.21 CENT crypto with Top 5 Potential… along with his BIG prediction for June 22nd.

iShares 3-7 Year Treasury Bond ETF Company Profile (Get a rating)

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 generally correspond to the price and yield performance of the Barclays Capital US 3-7 Year Treasury Bond Index (the Index).

Featured Articles

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in the iShares 3-7 Year Treasury Bond ETF right now?

Before you consider the iShares 3-7 Year Treasury Bond ETF, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market moves higher… and the iShares 3-7 Year Treasury Bond ETF didn’t make the list.

While the iShares 3-7 Year Treasury Bond ETF currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Share.

Comments are closed.