iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Short Interest Update

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 26,068 shares, a drop of 41.4% from the April 30th total of 44,477 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 80,135 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Muni Bond ETF

A number of large investors have recently bought and sold shares of the stock. Godshalk Welsh Capital Management Inc. grew its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 17.1% in the first quarter. Godshalk Welsh Capital Management Inc. now owns 42,500 shares of the company’s stock worth $1,081,000 after purchasing an additional 6,200 shares during the period. PNC Financial Services Group Inc. grew its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% in the first quarter. PNC Financial Services Group Inc. now owns 20,226 shares of the company’s stock worth $515,000 after purchasing an additional 497 shares during the period. Parallel Advisors LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.1% in the first quarter. Parallel Advisors LLC now owns 30,885 shares of the company’s stock valued at $786,000 after buying an additional 644 shares in the last quarter. Evergreen Private Wealth LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 6.9% during the first quarter. Evergreen Private Wealth LLC now owns 53,044 shares of the company’s stock valued at $1,349,000 after buying an additional 3,435 shares during the last quarter. Finally, O Domhnaill Enterprises Inc. acquired a new position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF during the first quarter valued at about $1,126,000.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

BATS:IBMP opened at $25.35 on Wednesday. The firm has a fifty day simple moving average of $25.39 and a two-hundred day simple moving average of $25.42. iShares iBonds Dec 2027 Term Muni Bond ETF has a 12 month low of $25.05 and a 12 month high of $25.57.

About iShares iBonds Dec 2027 Term Muni Bond ETF

The iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2027. IBMP was launched on Apr 9, 2019 and is managed by BlackRock.