Short Interest in iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Decreases By 53.2%

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 91,088 shares, a decline of 53.2% from the July 30th total of 194,762 shares. Based on an average trading volume of 145,742 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.6% of the company’s shares are sold short.

iShares iBonds 2027 Term High Yield and Income ETF Stock Performance

Shares of BATS IBHG opened at $22.00 on Friday. iShares iBonds 2027 Term High Yield and Income ETF has a one year low of $21.90 and a one year high of $22.56. The business has a 50-day moving average price of $21.99 and a two-hundred day moving average price of $22.07.

Institutional Trading of iShares iBonds 2027 Term High Yield and Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IBHG. United Community Bank acquired a new position in shares of iShares iBonds 2027 Term High Yield and Income ETF during the 2nd quarter worth approximately $38,000. GAMMA Investing LLC grew its stake in iShares iBonds 2027 Term High Yield and Income ETF by 148.3% in the 2nd quarter. GAMMA Investing LLC now owns 13,715 shares of the company’s stock valued at $303,000 after acquiring an additional 8,192 shares during the period. Parallel Advisors LLC grew its stake in iShares iBonds 2027 Term High Yield and Income ETF by 32.8% in the 1st quarter. Parallel Advisors LLC now owns 42,725 shares of the company’s stock valued at $946,000 after acquiring an additional 10,550 shares during the period. Arkadios Wealth Advisors purchased a new stake in iShares iBonds 2027 Term High Yield and Income ETF in the 1st quarter worth $205,000. Finally, Heartland Bank & Trust Co increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 6.6% in the 1st quarter. Heartland Bank & Trust Co now owns 35,631 shares of the company’s stock worth $789,000 after acquiring an additional 2,197 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.