iShares iBonds 2031 Term High Yield and Income ETF (BATS:IBHK – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 21,553 shares, a growth of 113.9% from the August 15th total of 10,074 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average trading volume of 12,953 shares, the short-interest ratio is currently 1.7 days.
iShares iBonds 2031 Term High Yield and Income ETF Stock Performance
Shares of IBHK stock traded up $0.03 during trading hours on Tuesday, hitting $25.13. 6,067 shares of the company were exchanged, compared to its average volume of 14,985. The business’s 50-day simple moving average is $25.47 and its two-hundred day simple moving average is $25.58. iShares iBonds 2031 Term High Yield and Income ETF has a one year low of $25.03 and a one year high of $26.16.
Hedge Funds Weigh In On iShares iBonds 2031 Term High Yield and Income ETF
An institutional investor recently bought a new position in iShares iBonds 2031 Term High Yield and Income ETF stock. Ascentis Independent Advisors bought a new position in iShares iBonds 2031 Term High Yield and Income ETF (BATS:IBHK – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,550 shares of the company’s stock, valued at approximately $65,000. Ascentis Independent Advisors owned about 0.32% of iShares iBonds 2031 Term High Yield and Income ETF at the end of the most recent quarter.
iShares iBonds 2031 Term High Yield and Income ETF Company Profile
The iShares iBonds 2031 Term High Yield and Income ETF (IBHK) 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 2031. The fund will terminate in December 2031 IBHK was launched on May 22, 2024 and is issued by BlackRock.
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