Short Interest in iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Rises By 179.4%

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 73,731 shares, an increase of 179.4% from the July 15th total of 26,385 shares. Based on an average daily trading volume, of 86,619 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.7% of the shares of the company are short sold.

iShares iBonds 2028 Term High Yield and Income ETF Trading Down 0.0%

iShares iBonds 2028 Term High Yield and Income ETF stock opened at $23.37 on Friday. iShares iBonds 2028 Term High Yield and Income ETF has a one year low of $22.85 and a one year high of $23.92. The stock has a fifty day moving average of $23.43 and a 200 day moving average of $23.51.

Hedge Funds Weigh In On iShares iBonds 2028 Term High Yield and Income ETF

Large investors have recently made changes to their positions in the business. Hurley Capital LLC purchased a new stake in shares of iShares iBonds 2028 Term High Yield and Income ETF during the 4th quarter valued at $29,000. Heartland Bank & Trust Co grew its stake in iShares iBonds 2028 Term High Yield and Income ETF by 5.1% during the 4th quarter. Heartland Bank & Trust Co now owns 26,821 shares of the company’s stock worth $635,000 after buying an additional 1,311 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in iShares iBonds 2028 Term High Yield and Income ETF by 3.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 48,107 shares of the company’s stock worth $1,148,000 after buying an additional 1,739 shares during the last quarter. Parallel Advisors LLC acquired a new position in iShares iBonds 2028 Term High Yield and Income ETF during the 4th quarter valued at about $69,000. Finally, Captrust Financial Advisors increased its position in iShares iBonds 2028 Term High Yield and Income ETF by 32.0% during the 4th quarter. Captrust Financial Advisors now owns 15,482 shares of the company’s stock valued at $367,000 after buying an additional 3,750 shares in the last quarter.

iShares iBonds 2028 Term High Yield and Income ETF Company Profile

The iShares iBonds 2028 Term High Yield and Income ETF (IBHH) 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 2028. The fund will terminate in December 2028. IBHH was launched on Mar 8, 2022 and is managed by BlackRock.