iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Sees Significant Growth in Short Interest

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,545 shares, an increase of 75.6% from the April 15th total of 2,588 shares. Based on an average daily trading volume, of 159,455 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

iShares iBonds 2027 Term High Yield and Income ETF Stock Performance

Shares of IBHG stock opened at $22.09 on Tuesday. iShares iBonds 2027 Term High Yield and Income ETF has a 1-year low of $21.95 and a 1-year high of $22.56. The stock’s fifty day moving average price is $22.10 and its 200 day moving average price is $22.23.

Institutional Trading of iShares iBonds 2027 Term High Yield and Income ETF

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in 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 purchasing an additional 32,245 shares during the last quarter. Hurley Capital LLC grew its stake in iShares iBonds 2027 Term High Yield and Income ETF by 523.9% during the 3rd quarter. Hurley Capital LLC now owns 174,628 shares of the company’s stock valued at $3,927,000 after purchasing an additional 146,638 shares during the last quarter. Heartland Bank & Trust Co grew its stake in iShares iBonds 2027 Term High Yield and Income ETF by 27.8% during the 3rd quarter. Heartland Bank & Trust Co now owns 31,641 shares of the company’s stock valued at $712,000 after purchasing an additional 6,888 shares during the last quarter. High Note Wealth LLC grew its stake in iShares iBonds 2027 Term High Yield and Income ETF by 29.1% during the 3rd quarter. High Note Wealth LLC now owns 3,551 shares of the company’s stock valued at $80,000 after purchasing an additional 801 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in iShares iBonds 2027 Term High Yield and Income ETF by 34.2% during the 4th quarter. Captrust Financial Advisors now owns 16,470 shares of the company’s stock valued at $368,000 after purchasing an additional 4,200 shares during the last quarter.

iShares iBonds 2027 Term High Yield and Income ETF Company Profile

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.