Short Interest in iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Increases By 296.7%

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 91,231 shares, a growth of 296.7% from the April 30th total of 22,995 shares. Based on an average daily volume of 342,025 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

iShares iBonds 2026 Term High Yield and Income ETF Stock Performance

Shares of IBHF stock opened at $22.73 on Friday. 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 company has a 50-day simple moving average of $22.84 and a two-hundred day simple moving average of $23.00. The company has a market capitalization of $846.69 million, a price-to-earnings ratio of 10.85 and a beta of 0.29.

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

Several institutional investors have recently modified their holdings of IBHF. Parallel Advisors LLC lifted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% during the first quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock worth $2,688,000 after acquiring an additional 65,541 shares during the period. Heartland Bank & Trust Co grew its stake in iShares iBonds 2026 Term High Yield and Income ETF by 15.8% in the 1st quarter. Heartland Bank & Trust Co now owns 34,659 shares of the company’s stock valued at $795,000 after purchasing an additional 4,720 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF during the 1st quarter worth $200,000. Ascentis Independent Advisors raised its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 133.1% during the 1st quarter. Ascentis Independent Advisors now owns 126,633 shares of the company’s stock worth $2,906,000 after purchasing an additional 72,308 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 2.3% in the 4th quarter. NewEdge Advisors LLC now owns 225,309 shares of the company’s stock worth $5,200,000 after buying an additional 5,026 shares during the last quarter.

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.