iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Short Interest Update

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 15,267 shares, a decrease of 76.2% from the June 15th total of 64,183 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 101,375 shares, the days-to-cover ratio is presently 0.2 days.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

IBMP stock opened at $25.40 on Monday. iShares iBonds Dec 2027 Term Muni Bond ETF has a twelve month low of $25.29 and a twelve month high of $25.57. The stock’s 50 day moving average is $25.38 and its 200-day moving average is $25.42.

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

Several large investors have recently bought and sold shares of IBMP. PNC Financial Services Group Inc. grew its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 20,226 shares of the company’s stock worth $515,000 after acquiring an additional 497 shares in the last quarter. Parallel Advisors LLC lifted its position 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 purchasing an additional 644 shares in the last quarter. 10Elms LLP boosted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 3.2% during the fourth quarter. 10Elms LLP now owns 22,694 shares of the company’s stock worth $576,000 after purchasing an additional 700 shares during the last quarter. Blue Square Asset Management LLC boosted its holdings in 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 worth $1,173,000 after purchasing an additional 1,902 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in iShares iBonds Dec 2027 Term Muni Bond ETF by 1.2% in the 4th quarter. Integrated Wealth Concepts LLC now owns 203,890 shares of the company’s stock worth $5,177,000 after purchasing an additional 2,435 shares in the last quarter.

About iShares iBonds Dec 2027 Term Muni Bond ETF

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.