iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Short Interest Update

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 26,068 shares, a decline of 41.4% from the April 30th total of 44,477 shares. Based on an average daily trading volume, of 80,135 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IBMP. NewEdge Advisors LLC grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 9.3% during the 2nd quarter. NewEdge Advisors LLC now owns 414,771 shares of the company’s stock valued at $10,514,000 after purchasing an additional 35,356 shares in the last quarter. HORAN Wealth LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the 3rd quarter valued at $218,000. Spinnaker Trust grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 11.2% during the 3rd quarter. Spinnaker Trust now owns 65,286 shares of the company’s stock valued at $1,663,000 after purchasing an additional 6,586 shares in the last quarter. 10Elms LLP grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 3.0% during the 3rd quarter. 10Elms LLP now owns 21,994 shares of the company’s stock valued at $560,000 after purchasing an additional 650 shares in the last quarter. Finally, United Capital Financial Advisors LLC grew its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 10.6% during the 3rd quarter. United Capital Financial Advisors LLC now owns 121,401 shares of the company’s stock valued at $3,093,000 after purchasing an additional 11,675 shares in the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

IBMP opened at $25.35 on Thursday. The company has a fifty day moving average price of $25.38 and a 200-day moving average price of $25.42. iShares iBonds Dec 2027 Term Muni Bond ETF has a one year low of $25.05 and a one year high of $25.57.

iShares iBonds Dec 2027 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2027. IBMP was launched on Apr 9, 2019 and is managed by BlackRock.