iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Short Interest Update

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 51,708 shares, a growth of 1,037.7% from the April 30th total of 4,545 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 75,047 shares, the days-to-cover ratio is presently 0.7 days.

iShares iBonds 2027 Term High Yield and Income ETF Trading Down 0.0%

BATS IBHG opened at $22.14 on Friday. The firm’s 50 day simple moving average is $22.10 and its 200 day simple moving average is $22.22. iShares iBonds 2027 Term High Yield and Income ETF has a 1 year low of $21.95 and a 1 year high of $22.56.

Hedge Funds Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 1,546.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,330 shares of the company’s stock valued at $772,000 after purchasing an additional 32,245 shares in the last quarter. Hurley Capital LLC increased its position in iShares iBonds 2027 Term High Yield and Income ETF by 523.9% during the 3rd quarter. Hurley Capital LLC now owns 174,628 shares of the company’s stock worth $3,927,000 after purchasing an additional 146,638 shares in the last quarter. Heartland Bank & Trust Co increased its position in iShares iBonds 2027 Term High Yield and Income ETF by 27.8% during the 3rd quarter. Heartland Bank & Trust Co now owns 31,641 shares of the company’s stock worth $712,000 after purchasing an additional 6,888 shares in the last quarter. High Note Wealth LLC lifted its stake in iShares iBonds 2027 Term High Yield and Income ETF by 29.1% in the 3rd quarter. High Note Wealth LLC now owns 3,551 shares of the company’s stock valued at $80,000 after purchasing an additional 801 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in iShares iBonds 2027 Term High Yield and Income ETF by 39.6% in the fourth quarter. Parallel Advisors LLC now owns 32,175 shares of the company’s stock valued at $718,000 after buying an additional 9,125 shares in the last quarter.

iShares iBonds 2027 Term High Yield and Income ETF Company Profile

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2027. The fund will terminate in December 2027. IBHG was launched on Jul 7, 2021 and is managed by BlackRock.