iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) Stock Short Interest Report for October

iShares iBonds 2029 Term High Yield and Income ETF (BATS:IBHI) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 47,080 shares, a decline of 66.6% from the October 15th total of 140,966 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 105,807 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IBHI. Heartland Bank & Trust Co bought a new position in shares of iShares iBonds 2029 Term High Yield and Income ETF during the 1st quarter worth about $582,000. Parallel Advisors LLC increased its position in shares of iShares iBonds 2029 Term High Yield and Income ETF by 300.0% during the third quarter. Parallel Advisors LLC now owns 5,400 shares of the company’s stock worth $123,000 after acquiring an additional 4,050 shares in the last quarter. Bullock Wealth Management Group increased its position in shares of iShares iBonds 2029 Term High Yield and Income ETF by 5.0% during the third quarter. Bullock Wealth Management Group now owns 37,800 shares of the company’s stock worth $858,000 after acquiring an additional 1,805 shares in the last quarter. GAMMA Investing LLC increased its position in shares of iShares iBonds 2029 Term High Yield and Income ETF by 11.0% during the third quarter. GAMMA Investing LLC now owns 14,129 shares of the company’s stock worth $323,000 after acquiring an additional 1,404 shares in the last quarter. Finally, McIlrath & Eck LLC raised its holdings in shares of iShares iBonds 2029 Term High Yield and Income ETF by 101.3% in the 1st quarter. McIlrath & Eck LLC now owns 17,311 shares of the company’s stock worth $403,000 after acquiring an additional 8,712 shares during the last quarter.

iShares iBonds 2029 Term High Yield and Income ETF Stock Down 0.0%

IBHI traded down $0.01 during trading on Friday, reaching $22.70. 45,233 shares of the stock traded hands, compared to its average volume of 125,960. The stock has a market capitalization of $551.61 million, a PE ratio of 10.62 and a beta of 0.47. The stock’s 50-day moving average is $22.90 and its 200 day moving average is $23.25. iShares iBonds 2029 Term High Yield and Income ETF has a 12 month low of $22.41 and a 12 month high of $23.82.

iShares iBonds 2029 Term High Yield and Income ETF Company Profile

The iShares iBonds 2029 Term High Yield and Income ETF (IBHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2029. The fund will terminate in December 2029. IBHI was launched on Mar 8, 2022 and is managed by BlackRock.