iShares iBonds Dec 2026 Term Muni Bond ETF (BATS:IBMO) Sees Significant Drop in Short Interest

iShares iBonds Dec 2026 Term Muni Bond ETF (BATS:IBMO) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 17,793 shares, a decrease of 46.8% from the April 30th total of 33,448 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 58,396 shares, the short-interest ratio is presently 0.3 days.

iShares iBonds Dec 2026 Term Muni Bond ETF Price Performance

Shares of BATS:IBMO opened at $25.62 on Wednesday. The firm has a 50 day simple moving average of $25.64 and a 200 day simple moving average of $25.65. iShares iBonds Dec 2026 Term Muni Bond ETF has a one year low of $25.48 and a one year high of $25.81.

Hedge Funds Weigh In On iShares iBonds Dec 2026 Term Muni Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC lifted its stake in iShares iBonds Dec 2026 Term Muni Bond ETF by 13.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 382,935 shares of the company’s stock valued at $9,826,000 after purchasing an additional 46,352 shares during the last quarter. PSI Advisors LLC increased its position in iShares iBonds Dec 2026 Term Muni Bond ETF by 27.7% in the 4th quarter. PSI Advisors LLC now owns 131,848 shares of the company’s stock valued at $3,380,000 after acquiring an additional 28,574 shares during the period. Spinnaker Trust increased its position in iShares iBonds Dec 2026 Term Muni Bond ETF by 2.6% in the 4th quarter. Spinnaker Trust now owns 51,999 shares of the company’s stock valued at $1,333,000 after acquiring an additional 1,306 shares during the period. Strategic Blueprint LLC increased its position in iShares iBonds Dec 2026 Term Muni Bond ETF by 9.3% in the 4th quarter. Strategic Blueprint LLC now owns 9,161 shares of the company’s stock valued at $235,000 after acquiring an additional 780 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in iShares iBonds Dec 2026 Term Muni Bond ETF in the 3rd quarter valued at approximately $97,000.

About iShares iBonds Dec 2026 Term Muni Bond ETF

The iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of AMT-free municipal bonds that mature between January and December 2026. IBMO was launched on Apr 2, 2019 and is managed by BlackRock.