iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Short Interest Update

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 144,366 shares, an increase of 179.2% from the May 14th total of 51,708 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 249,393 shares, the days-to-cover ratio is presently 0.6 days.

iShares iBonds 2027 Term High Yield and Income ETF Price Performance

IBHG traded up $0.02 during trading on Friday, reaching $22.02. The stock had a trading volume of 150,969 shares, compared to its average volume of 155,472. iShares iBonds 2027 Term High Yield and Income ETF has a one year low of $21.94 and a one year high of $22.56. The stock’s 50 day moving average is $22.10 and its two-hundred day moving average is $22.20.

Institutional Investors Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. 10Elms LLP raised its stake in iShares iBonds 2027 Term High Yield and Income ETF by 10.5% in the third quarter. 10Elms LLP now owns 5,257 shares of the company’s stock valued at $118,000 after buying an additional 500 shares during the last quarter. Landing Point Financial Group LLC raised its stake in iShares iBonds 2027 Term High Yield and Income ETF by 5.1% in the third quarter. Landing Point Financial Group LLC now owns 23,413 shares of the company’s stock valued at $527,000 after buying an additional 1,142 shares during the last quarter. Rebalance LLC raised its stake in iShares iBonds 2027 Term High Yield and Income ETF by 3.0% in the fourth quarter. Rebalance LLC now owns 49,932 shares of the company’s stock valued at $1,114,000 after buying an additional 1,431 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in iShares iBonds 2027 Term High Yield and Income ETF by 2.7% in the third quarter. Integrated Wealth Concepts LLC now owns 57,912 shares of the company’s stock valued at $1,302,000 after buying an additional 1,531 shares during the last quarter. Finally, Heartland Bank & Trust Co raised its stake in iShares iBonds 2027 Term High Yield and Income ETF by 5.7% in the fourth quarter. Heartland Bank & Trust Co now owns 33,434 shares of the company’s stock valued at $746,000 after buying an additional 1,793 shares during 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.