Yes, and as long as they are in front of or behind the ISS the threat is slmall. As the orbits of the fragments decay they'll fall into lower and lower orbit, eventually burning up (or mostly) in the atmosphere.

But this also demonstrates the feasibility of an anti-satellite weapon: simply explode a bunch of metal fragments in an orbit opposite to and in front of the satellite you want to take out. They'll punch it full of holes each time it passes through the fragment cloud.

Not an original thought -- I first read it in, I think, the 1970s.