iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH) Short Interest Update

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBHGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 17,229 shares, a growth of 1,066.5% from the May 14th total of 1,477 shares. Based on an average daily trading volume, of 100,176 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. JPMorgan Chase & Co. increased its position in shares of iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBHFree Report) by 141.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,555 shares of the company’s stock after purchasing an additional 2,082 shares during the period. JPMorgan Chase & Co. owned approximately 0.08% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $86,000 as of its most recent SEC filing.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Price Performance

NYSEARCA IGBH remained flat at $24.63 during trading hours on Tuesday. 28,471 shares of the company traded hands, compared to its average volume of 79,292. iShares Interest Rate Hedged Long-Term Corporate Bond ETF has a 52-week low of $23.75 and a 52-week high of $25.05. The stock has a 50-day moving average of $24.48 and a 200-day moving average of $24.51.

iShares Interest Rate Hedged Long-Term Corporate Bond ETF Company Profile

(Get Free Report)

The iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and uses derivatives to hedge out interest rate risk. IGBH was launched on Jul 22, 2015 and is managed by BlackRock.

See Also

Receive News & Ratings for iShares Interest Rate Hedged Long-Term Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Interest Rate Hedged Long-Term Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.