Short Interest in iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Expands By 70.0%

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 50,724 shares, an increase of 70.0% from the May 31st total of 29,843 shares. Based on an average daily trading volume, of 477,855 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 26.0% in the 4th quarter. Private Trust Co. NA now owns 2,955 shares of the company’s stock valued at $68,000 after purchasing an additional 610 shares in the last quarter. North Star Investment Management Corp. raised its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 42.2% in the fourth quarter. North Star Investment Management Corp. now owns 4,265 shares of the company’s stock valued at $98,000 after buying an additional 1,265 shares during the last quarter. Rebalance LLC raised its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 3.3% in the fourth quarter. Rebalance LLC now owns 48,254 shares of the company’s stock valued at $1,114,000 after buying an additional 1,539 shares during the last quarter. Heartland Bank & Trust Co lifted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 9.7% in the fourth quarter. Heartland Bank & Trust Co now owns 29,939 shares of the company’s stock worth $691,000 after buying an additional 2,647 shares in the last quarter. Finally, Klaas Financial Asset Advisors LLC lifted its stake in shares of iShares iBonds 2026 Term High Yield and Income ETF by 17.3% in the fourth quarter. Klaas Financial Asset Advisors LLC now owns 28,056 shares of the company’s stock worth $648,000 after buying an additional 4,147 shares in the last quarter.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

BATS IBHF opened at $22.56 on Thursday. The company has a market cap of $840.36 million, a PE ratio of 10.85 and a beta of 0.29. The stock’s 50 day simple moving average is $22.71 and its 200-day simple moving average is $22.91. iShares iBonds 2026 Term High Yield and Income ETF has a 1-year low of $22.56 and a 1-year high of $23.45.

About iShares iBonds 2026 Term High Yield and Income ETF

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) 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 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.