Short Interest in iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) Grows By 79.5%

iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 57,927 shares, an increase of 79.5% from the June 15th total of 32,280 shares. Currently, 2.6% of the company’s shares are short sold. Based on an average daily volume of 34,298 shares, the short-interest ratio is presently 1.7 days.

Institutional Trading of iShares iBonds 2030 Term High Yield and Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IBHJ. High Note Wealth LLC bought a new stake in iShares iBonds 2030 Term High Yield and Income ETF in the 4th quarter worth about $25,000. Ascentis Independent Advisors bought a new position in iShares iBonds 2030 Term High Yield and Income ETF during the first quarter valued at about $68,000. Parallel Advisors LLC purchased a new stake in iShares iBonds 2030 Term High Yield and Income ETF during the first quarter worth about $89,000. Finally, Captrust Financial Advisors raised its position in iShares iBonds 2030 Term High Yield and Income ETF by 60.2% in the fourth quarter. Captrust Financial Advisors now owns 21,566 shares of the company’s stock worth $574,000 after acquiring an additional 8,100 shares during the period.

iShares iBonds 2030 Term High Yield and Income ETF Trading Up 0.0%

BATS IBHJ opened at $26.36 on Friday. The business’s 50-day moving average price is $26.36 and its two-hundred day moving average price is $26.45. iShares iBonds 2030 Term High Yield and Income ETF has a 12 month low of $25.82 and a 12 month high of $26.92.

iShares iBonds 2030 Term High Yield and Income ETF Company Profile

The iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) 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 2030. The fund will terminate in December 2030. IBHJ was launched on Jun 21, 2023 and is managed by BlackRock.