Short Interest in iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Grows By 56.5%

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 194,762 shares, an increase of 56.5% from the July 15th total of 124,460 shares. Based on an average daily volume of 121,335 shares, the short-interest ratio is presently 1.6 days. Currently, 1.4% of the shares of the company are short sold.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in shares of iShares iBonds 2027 Term High Yield and Income ETF by 1,546.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,330 shares of the company’s stock valued at $772,000 after acquiring an additional 32,245 shares during the period. Integrated Wealth Concepts LLC raised its stake in iShares iBonds 2027 Term High Yield and Income ETF by 2.7% in the third quarter. Integrated Wealth Concepts LLC now owns 57,912 shares of the company’s stock valued at $1,302,000 after purchasing an additional 1,531 shares in the last quarter. NewEdge Advisors LLC raised its stake in iShares iBonds 2027 Term High Yield and Income ETF by 6.3% in the third quarter. NewEdge Advisors LLC now owns 140,502 shares of the company’s stock valued at $3,160,000 after purchasing an additional 8,331 shares in the last quarter. Heartland Bank & Trust Co lifted its position in iShares iBonds 2027 Term High Yield and Income ETF by 5.7% during the fourth quarter. Heartland Bank & Trust Co now owns 33,434 shares of the company’s stock worth $746,000 after purchasing an additional 1,793 shares during the period. Finally, High Note Wealth LLC lifted its position in iShares iBonds 2027 Term High Yield and Income ETF by 201.7% during the fourth quarter. High Note Wealth LLC now owns 10,713 shares of the company’s stock worth $239,000 after purchasing an additional 7,162 shares during the period.

iShares iBonds 2027 Term High Yield and Income ETF Trading Down 0.0%

BATS IBHG opened at $21.94 on Tuesday. The company has a 50 day moving average of $21.99 and a 200-day moving average of $22.09. iShares iBonds 2027 Term High Yield and Income ETF has a 1-year low of $21.90 and a 1-year 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.