iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Sees Significant Decrease in Short Interest

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 30,245 shares, a decline of 59.8% from the June 30th total of 75,260 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 186,411 shares, the days-to-cover ratio is presently 0.2 days.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

Shares of BATS:IBHF opened at $22.56 on Tuesday. The firm’s 50-day moving average is $22.63 and its two-hundred day moving average is $22.84. iShares iBonds 2026 Term High Yield and Income ETF has a 1 year low of $22.51 and a 1 year high of $23.45. The firm has a market capitalization of $840.36 million, a PE ratio of 10.85 and a beta of 0.29.

Hedge Funds Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors purchased a new position in iShares iBonds 2026 Term High Yield and Income ETF in the second quarter valued at $254,000. Flow Traders U.S. LLC purchased a new stake in iShares iBonds 2026 Term High Yield and Income ETF during the 3rd quarter worth about $270,000. Integrated Wealth Concepts LLC increased its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 1.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 322,063 shares of the company’s stock worth $7,533,000 after purchasing an additional 5,794 shares during the period. NewEdge Advisors LLC raised its position in iShares iBonds 2026 Term High Yield and Income ETF by 8.6% in the 3rd quarter. NewEdge Advisors LLC now owns 220,283 shares of the company’s stock valued at $5,152,000 after purchasing an additional 17,507 shares in the last quarter. Finally, Rebalance LLC raised its position in iShares iBonds 2026 Term High Yield and Income ETF by 3.3% in the 4th quarter. Rebalance LLC now owns 48,254 shares of the company’s stock valued at $1,114,000 after purchasing an additional 1,539 shares in the last quarter.

iShares iBonds 2026 Term High Yield and Income ETF Company Profile

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.