iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Short Interest Update

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 9,768 shares, a decrease of 43.3% from the May 31st total of 17,229 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 55,615 shares, the short-interest ratio is currently 0.2 days.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Price Performance

IGBH opened at $24.56 on Friday. iShares Interest Rate Hedged Long-Term Corporate Bond ETF has a 52-week low of $23.75 and a 52-week high of $25.05. The firm’s fifty day simple moving average is $24.60 and its two-hundred day simple moving average is $24.52.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. JPMorgan Chase & Co. raised its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) by 141.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,555 shares of the company’s stock after buying an additional 2,082 shares during the period. JPMorgan Chase & Co. owned about 0.08% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $86,000 at the end of the most recent reporting period.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Company Profile

The iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and uses derivatives to hedge out interest rate risk. IGBH was launched on Jul 22, 2015 and is managed by BlackRock.