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 recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 28,736 shares, a decrease of 41.1% from the August 15th total of 48,787 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 62,283 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IBMP. PNC Financial Services Group Inc. lifted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% during the first quarter. PNC Financial Services Group Inc. now owns 20,226 shares of the company’s stock valued at $515,000 after purchasing an additional 497 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.1% in the first quarter. Parallel Advisors LLC now owns 30,885 shares of the company’s stock worth $786,000 after purchasing an additional 644 shares in the last quarter. 10Elms LLP increased its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 3.2% in the fourth quarter. 10Elms LLP now owns 22,694 shares of the company’s stock worth $576,000 after purchasing an additional 700 shares in the last quarter. Spinnaker Trust raised its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.3% during the 4th quarter. Spinnaker Trust now owns 68,105 shares of the company’s stock valued at $1,729,000 after purchasing an additional 2,819 shares during the period. Finally, Evergreen Private Wealth LLC raised its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 6.9% during the 1st quarter. Evergreen Private Wealth LLC now owns 53,044 shares of the company’s stock valued at $1,349,000 after purchasing an additional 3,435 shares during the period.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

IBMP stock opened at $25.28 on Thursday. iShares iBonds Dec 2027 Term Muni Bond ETF has a 1 year low of $25.27 and a 1 year high of $25.57. The stock’s fifty day moving average price is $25.37 and its 200-day moving average price is $25.39.

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.