Short Interest in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Rises By 693.7%

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 44,477 shares, a growth of 693.7% from the April 15th total of 5,604 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 70,106 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Muni Bond ETF

Several large investors have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% during the first quarter. PNC Financial Services Group Inc. now owns 20,226 shares of the company’s stock valued at $515,000 after acquiring an additional 497 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.1% during the first quarter. Parallel Advisors LLC now owns 30,885 shares of the company’s stock valued at $786,000 after acquiring an additional 644 shares during the last quarter. 10Elms LLP raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 3.0% during the third quarter. 10Elms LLP now owns 21,994 shares of the company’s stock valued at $560,000 after acquiring an additional 650 shares during the last quarter. Gould Asset Management LLC CA raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 5.6% during the third quarter. Gould Asset Management LLC CA now owns 21,910 shares of the company’s stock valued at $558,000 after acquiring an additional 1,170 shares during the last quarter. Finally, Blue Square Asset Management LLC raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.3% during the fourth quarter. Blue Square Asset Management LLC now owns 46,209 shares of the company’s stock valued at $1,173,000 after acquiring an additional 1,902 shares during the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Trading Down 0.1%

iShares iBonds Dec 2027 Term Muni Bond ETF stock opened at $25.33 on Tuesday. iShares iBonds Dec 2027 Term Muni Bond ETF has a 12 month low of $25.05 and a 12 month high of $25.57. The stock has a 50-day moving average price of $25.41 and a two-hundred day moving average price of $25.42.

iShares iBonds Dec 2027 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2027. IBMP was launched on Apr 9, 2019 and is managed by BlackRock.