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) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 9,768 shares, a decline of 43.3% from the May 31st total of 17,229 shares. Based on an average trading volume of 55,615 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

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

A hedge fund recently raised its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. Goodman Advisory Group LLC lifted its position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) by 223.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,645 shares of the company’s stock after acquiring an additional 5,970 shares during the period. Goodman Advisory Group LLC owned about 0.16% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $213,000 at the end of the most recent reporting period.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Trading Down 0.2%

IGBH traded down $0.06 on Thursday, reaching $24.56. The company’s stock had a trading volume of 48,320 shares, compared to its average volume of 79,012. iShares Interest Rate Hedged Long-Term Corporate Bond ETF has a 1 year low of $23.75 and a 1 year high of $25.05. The business’s 50 day moving average is $24.60 and its 200 day moving average is $24.52.

About iShares Interest Rate Hedged Long-Term Corporate Bond ETF

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.