iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Short Interest Update

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 22,995 shares, a decrease of 39.6% from the April 15th total of 38,068 shares. Based on an average trading volume of 327,675 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

IBHF stock opened at $22.75 on Tuesday. The business has a 50 day simple moving average of $22.86 and a 200-day simple moving average of $23.03. The firm has a market capitalization of $847.44 million, a PE ratio of 10.85 and a beta of 0.29. iShares iBonds 2026 Term High Yield and Income ETF has a 1 year low of $22.69 and a 1 year high of $23.45.

Institutional Investors Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Large investors have recently made changes to their positions in the stock. Private Trust Co. NA grew its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 26.0% in the fourth quarter. Private Trust Co. NA now owns 2,955 shares of the company’s stock valued at $68,000 after purchasing an additional 610 shares in the last quarter. North Star Investment Management Corp. grew its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 42.2% in the fourth quarter. North Star Investment Management Corp. now owns 4,265 shares of the company’s stock valued at $98,000 after purchasing an additional 1,265 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF in the first quarter valued at approximately $200,000. Eldridge Investment Advisors Inc. purchased a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF in the fourth quarter valued at approximately $215,000. Finally, Creative Financial Designs Inc. ADV grew its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 94.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 10,814 shares of the company’s stock valued at $253,000 after purchasing an additional 5,240 shares in the last quarter.

About iShares iBonds 2026 Term High Yield and Income ETF

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) 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 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.