Short Interest in iShares iBonds 2032 Term High Yield and Income ETF (BATS:IBHL) Increases By 105.5%

iShares iBonds 2032 Term High Yield and Income ETF (BATS:IBHL) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 38,823 shares, an increase of 105.5% from the May 31st total of 18,890 shares. Based on an average daily volume of 7,021 shares, the days-to-cover ratio is presently 5.5 days. Approximately 11.1% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares iBonds 2032 Term High Yield and Income ETF

A hedge fund recently raised its position in iShares iBonds 2032 Term High Yield and Income ETF stock. Flow Traders U.S. LLC increased its holdings in shares of iShares iBonds 2032 Term High Yield and Income ETF (BATS:IBHL) by 18.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 11,215 shares of the company’s stock after purchasing an additional 1,764 shares during the period. Flow Traders U.S. LLC owned approximately 2.80% of iShares iBonds 2032 Term High Yield and Income ETF worth $289,000 at the end of the most recent reporting period.

iShares iBonds 2032 Term High Yield and Income ETF Trading Up 0.2%

BATS:IBHL opened at $25.42 on Tuesday. iShares iBonds 2032 Term High Yield and Income ETF has a 1 year low of $24.88 and a 1 year high of $25.92. The firm’s fifty day simple moving average is $25.39 and its 200 day simple moving average is $25.53.

About iShares iBonds 2032 Term High Yield and Income ETF

iShares Trust – iShares iBonds 2032 Term High Yield and Income ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of the United States. The fund invests in U.S. dollar-denominated, taxable, fixed-rate, high yield corporate bonds that are rated equal to or below Ba1, BB+, BB+ and above CC by Moody’s, S&P and Fitch respectively and BBB or equivalently rated corporate bonds, scheduled to mature between January 1, 2032 and December 15, 2032.