iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 193,219 shares, an increase of 163.7% from the September 15th total of 73,264 shares. Approximately 8.8% of the company’s stock are sold short. Based on an average trading volume of 52,467 shares, the short-interest ratio is presently 3.7 days.
iShares iBonds 2030 Term High Yield and Income ETF Stock Performance
BATS:IBHJ opened at $25.65 on Tuesday. The stock has a fifty day moving average price of $26.09 and a 200 day moving average price of $26.26. iShares iBonds 2030 Term High Yield and Income ETF has a 12-month low of $25.36 and a 12-month high of $26.92.
Institutional Investors Weigh In On iShares iBonds 2030 Term High Yield and Income ETF
A number of hedge funds have recently bought and sold shares of the stock. Bullock Wealth Management Group boosted its stake in shares of iShares iBonds 2030 Term High Yield and Income ETF by 5.8% in the 3rd quarter. Bullock Wealth Management Group now owns 27,325 shares of the company’s stock valued at $697,000 after buying an additional 1,496 shares during the period. NewEdge Advisors LLC grew its position in shares of iShares iBonds 2030 Term High Yield and Income ETF by 189.1% during the second quarter. NewEdge Advisors LLC now owns 1,119 shares of the company’s stock worth $30,000 after buying an additional 732 shares in the last quarter. Parallel Advisors LLC purchased a new stake in shares of iShares iBonds 2030 Term High Yield and Income ETF during the first quarter worth approximately $89,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of iShares iBonds 2030 Term High Yield and Income ETF during the first quarter worth approximately $68,000.
About iShares iBonds 2030 Term High Yield and Income ETF
The iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2030. The fund will terminate in December 2030. IBHJ was launched on Jun 21, 2023 and is managed by BlackRock.
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