Short Interest in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Rises By 693.7%

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 44,477 shares, a growth of 693.7% from the April 15th total of 5,604 shares. Based on an average daily trading volume, of 70,106 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Muni Bond ETF

A number of hedge funds have recently added to or reduced their stakes in IBMP. Matthew Goff Investment Advisor LLC bought a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF in the first quarter worth approximately $7,534,000. PSI Advisors LLC bought a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF in the fourth quarter worth approximately $3,348,000. O Domhnaill Enterprises Inc. bought a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF in the first quarter worth approximately $1,126,000. NewEdge Advisors LLC increased its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 9.5% in the third quarter. NewEdge Advisors LLC now owns 454,126 shares of the company’s stock worth $11,569,000 after purchasing an additional 39,355 shares in the last quarter. Finally, Praetorian Wealth Management Inc. increased its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 8.5% in the fourth quarter. Praetorian Wealth Management Inc. now owns 260,139 shares of the company’s stock worth $6,605,000 after purchasing an additional 20,293 shares in the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Price Performance

Shares of BATS IBMP opened at $25.33 on Tuesday. iShares iBonds Dec 2027 Term Muni Bond ETF has a twelve month low of $25.05 and a twelve month high of $25.57. The firm has a fifty day simple moving average of $25.41 and a 200 day simple moving average of $25.42.

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.