iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Sees Large Drop in Short Interest

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the recipient of a significant decline in short interest in October. As of October 30th, there was short interest totaling 3,426 shares, a decline of 77.4% from the October 15th total of 15,143 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 149,021 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Muni Bond ETF

Institutional investors have recently modified their holdings of the business. Heartwood Wealth Advisors LLC increased its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 0.8% during the third quarter. Heartwood Wealth Advisors LLC now owns 703,566 shares of the company’s stock worth $17,758,000 after acquiring an additional 5,622 shares during the period. Godshalk Welsh Capital Management Inc. boosted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 17.1% in the first quarter. Godshalk Welsh Capital Management Inc. now owns 42,500 shares of the company’s stock valued at $1,081,000 after purchasing an additional 6,200 shares during the period. Parallel Advisors LLC boosted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 19.1% in the third quarter. Parallel Advisors LLC now owns 37,713 shares of the company’s stock valued at $952,000 after purchasing an additional 6,039 shares during the period. PNC Financial Services Group Inc. grew its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 20,226 shares of the company’s stock worth $515,000 after purchasing an additional 497 shares in the last quarter. Finally, Wedbush Securities Inc. acquired a new position in iShares iBonds Dec 2027 Term Muni Bond ETF during the 2nd quarter worth $350,000.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Down 0.2%

Shares of IBMP opened at $25.27 on Friday. iShares iBonds Dec 2027 Term Muni Bond ETF has a fifty-two week low of $25.18 and a fifty-two week high of $25.55. The firm’s 50 day moving average price is $25.27 and its 200 day moving average price is $25.37.

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.