Short Interest in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Expands By 792.2%

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBHGet Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,061 shares, an increase of 792.2% from the April 15th total of 231 shares. Based on an average daily volume of 36,803 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

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

IGBH opened at $24.57 on Thursday. iShares Interest Rate Hedged Long-Term Corporate Bond ETF has a twelve month low of $23.44 and a twelve month high of $25.05. The company has a 50-day moving average price of $24.23 and a 200 day moving average price of $24.49.

Institutional Trading of iShares Interest Rate Hedged Long-Term Corporate Bond ETF

Several large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new stake in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF during the third quarter worth approximately $33,000. JPMorgan Chase & Co. increased its position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 141.3% during the second quarter. JPMorgan Chase & Co. now owns 3,555 shares of the company’s stock worth $86,000 after purchasing an additional 2,082 shares in the last quarter. Finally, Goodman Advisory Group LLC increased its position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF by 223.2% during the third quarter. Goodman Advisory Group LLC now owns 8,645 shares of the company’s stock worth $213,000 after purchasing an additional 5,970 shares in the last quarter.

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

(Get Free Report)

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.

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