iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Short Interest Update

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 91,088 shares, a decline of 53.2% from the July 30th total of 194,762 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 145,742 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp bought a new stake in shares of iShares iBonds 2027 Term High Yield and Income ETF in the first quarter valued at $8,868,000. Hurley Capital LLC grew its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 7.5% during the 4th quarter. Hurley Capital LLC now owns 187,650 shares of the company’s stock worth $4,188,000 after acquiring an additional 13,022 shares during the period. NewEdge Advisors LLC grew its stake in shares of iShares iBonds 2027 Term High Yield and Income ETF by 8.8% during the 4th quarter. NewEdge Advisors LLC now owns 152,907 shares of the company’s stock worth $3,413,000 after acquiring an additional 12,405 shares during the period. Advisory Services Network LLC increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 2.5% in the 4th quarter. Advisory Services Network LLC now owns 81,490 shares of the company’s stock worth $1,819,000 after acquiring an additional 1,958 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 24.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 72,105 shares of the company’s stock worth $1,609,000 after acquiring an additional 14,193 shares during the last quarter.

iShares iBonds 2027 Term High Yield and Income ETF Price Performance

iShares iBonds 2027 Term High Yield and Income ETF stock opened at $22.00 on Friday. The firm has a 50 day moving average price of $21.99 and a 200-day moving average price of $22.07. iShares iBonds 2027 Term High Yield and Income ETF has a twelve month low of $21.90 and a twelve month high of $22.56.

About iShares iBonds 2027 Term High Yield and Income ETF

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) 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 2027. The fund will terminate in December 2027. IBHG was launched on Jul 7, 2021 and is managed by BlackRock.