iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Short Interest Down 39.6% in April

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 22,995 shares, a drop of 39.6% from the April 15th total of 38,068 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 327,675 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Private Trust Co. NA raised its position in iShares iBonds 2026 Term High Yield and Income ETF by 26.0% in the 4th quarter. Private Trust Co. NA now owns 2,955 shares of the company’s stock valued at $68,000 after buying an additional 610 shares during the last quarter. North Star Investment Management Corp. increased its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 42.2% during the 4th quarter. North Star Investment Management Corp. now owns 4,265 shares of the company’s stock worth $98,000 after purchasing an additional 1,265 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of iShares iBonds 2026 Term High Yield and Income ETF during the 1st quarter worth approximately $200,000. Eldridge Investment Advisors Inc. acquired a new position in shares of iShares iBonds 2026 Term High Yield and Income ETF during the 4th quarter worth approximately $215,000. Finally, Creative Financial Designs Inc. ADV increased its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 94.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 10,814 shares of the company’s stock worth $253,000 after purchasing an additional 5,240 shares during the last quarter.

iShares iBonds 2026 Term High Yield and Income ETF Stock Performance

Shares of iShares iBonds 2026 Term High Yield and Income ETF stock opened at $22.72 on Friday. The business’s 50 day simple moving average is $22.87 and its 200 day simple moving average is $23.03. iShares iBonds 2026 Term High Yield and Income ETF has a 52-week low of $22.69 and a 52-week high of $23.45. The firm has a market cap of $846.32 million, a PE ratio of 10.85 and a beta of 0.29.

About iShares iBonds 2026 Term High Yield and Income ETF

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.