iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 47,579 shares, an increase of 158.2% from the July 15th total of 18,426 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 188,086 shares, the days-to-cover ratio is currently 0.3 days.
iShares Interest Rate Hedged Long-Term Corporate Bond ETF Trading Down 0.1%
IGBH stock opened at $24.37 on Friday. iShares Interest Rate Hedged Long-Term Corporate Bond ETF has a 1-year low of $23.75 and a 1-year high of $25.05. The firm has a fifty day moving average price of $24.48 and a two-hundred day moving average price of $24.45.
Institutional Investors Weigh In On iShares Interest Rate Hedged Long-Term Corporate Bond ETF
An institutional investor recently raised its stake in iShares Interest Rate Hedged Long-Term Corporate Bond ETF stock. JPMorgan Chase & Co. boosted its holdings in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (NYSEARCA:IGBH – Free Report) by 141.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,555 shares of the company’s stock after acquiring an additional 2,082 shares during the period. JPMorgan Chase & Co. owned about 0.08% of iShares Interest Rate Hedged Long-Term Corporate Bond ETF worth $86,000 at the end of the most recent quarter.
About iShares Interest Rate Hedged Long-Term Corporate Bond ETF
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.
Featured Stories
- Five stocks we like better than iShares Interest Rate Hedged Long-Term Corporate Bond ETF
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
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.
