What’s Propelling iShares DEX Short Term Bond Index Fund to Increase So Much?

 What's Propelling iShares DEX Short Term Bond Index Fund to Increase So Much?

The stock of iShares DEX Short Term Bond Index Fund (TSE:XSB) is a huge mover today! About 18,332 shares traded hands. iShares DEX Short Term Bond Index Fund (TSE:XSB) has declined 0.67% since April 22, 2016 and is downtrending. It has underperformed by 6.68% the S&P500.
The move comes after 9 months positive chart setup for the $2.35B company. It was reported on Nov, 28 by Barchart.com. We have $30.72 PT which if reached, will make TSE:XSB worth $211.50M more.

More important recent iShares DEX Short Term Bond Index Fund (TSE:XSB) news were published by: Theglobeandmail.com which released: “Beware the risk in bond funds” on July 10, 2013, also Theglobeandmail.com published article titled: “How safe are short-term bond funds?”, Theglobeandmail.com published: “Four tips for nervous bond investors” on June 14, 2013. More interesting news about iShares DEX Short Term Bond Index Fund (TSE:XSB) was released by: Fool.ca and their article: “Buy vs. Rent: If You’re Thinking About Buying a House, You Need to Read This” with publication date: April 17, 2015.

iShares DEX Short Term Bond Index Fund seeks to provide income by replicating, to the extent possible, the performance of the DEX Short Term Bond Index, net of expenses. The company has a market cap of $2.35 billion. The DEX Short Term Bond Index is a market capitalization weighted index consisting of a diversified range of investment grade federal, provincial, municipal and corporate bonds with a term to maturity between one and five years. It currently has negative earnings. XSB invests in sectors, such as federal, financial, provincial, energy and real estate.

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