Short Interest in iShares iBonds 2032 Term High Yield and Income ETF (BATS:IBHL) Grows By 105.5%

iShares iBonds 2032 Term High Yield and Income ETF (BATS:IBHL) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 38,823 shares, a growth of 105.5% from the May 31st total of 18,890 shares. Based on an average trading volume of 7,021 shares, the days-to-cover ratio is presently 5.5 days. Currently, 11.1% of the company’s stock are short sold.

Institutional Trading of iShares iBonds 2032 Term High Yield and Income ETF

A hedge fund recently raised its stake in iShares iBonds 2032 Term High Yield and Income ETF stock. Flow Traders U.S. LLC lifted its holdings in shares of iShares iBonds 2032 Term High Yield and Income ETF (BATS:IBHL) by 18.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,215 shares of the company’s stock after buying an additional 1,764 shares during the period. Flow Traders U.S. LLC owned about 2.80% of iShares iBonds 2032 Term High Yield and Income ETF worth $289,000 at the end of the most recent reporting period.

iShares iBonds 2032 Term High Yield and Income ETF Stock Performance

BATS:IBHL opened at $25.30 on Thursday. iShares iBonds 2032 Term High Yield and Income ETF has a 52-week low of $24.88 and a 52-week high of $25.92. The stock’s 50 day moving average price is $25.38 and its 200 day moving average price is $25.52.

iShares iBonds 2032 Term High Yield and Income ETF Company Profile

iShares Trust – iShares iBonds 2032 Term High Yield and Income ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of the United States. The fund invests in U.S. dollar-denominated, taxable, fixed-rate, high yield corporate bonds that are rated equal to or below Ba1, BB+, BB+ and above CC by Moody’s, S&P and Fitch respectively and BBB or equivalently rated corporate bonds, scheduled to mature between January 1, 2032 and December 15, 2032.