iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Shares Shorted: Short Interest Down 70.1% in September

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 17,454 shares, a decline of 70.1% from the September 15th total of 58,405 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 115,621 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Heartwood Wealth Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 0.8% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 703,566 shares of the company’s stock worth $17,758,000 after purchasing an additional 5,622 shares in the last quarter. Wedbush Securities Inc. bought a new position in iShares iBonds Dec 2027 Term Muni Bond ETF during the second quarter valued at approximately $350,000. Parallel Advisors LLC grew its position in 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 acquiring an additional 644 shares during the last quarter. Godshalk Welsh Capital Management Inc. raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 17.1% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 42,500 shares of the company’s stock worth $1,081,000 after acquiring an additional 6,200 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% during the first 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.

iShares iBonds Dec 2027 Term Muni Bond ETF Trading Up 0.1%

BATS:IBMP opened at $25.23 on Wednesday. iShares iBonds Dec 2027 Term Muni Bond ETF has a 52-week low of $25.18 and a 52-week high of $25.55. The business’s fifty day moving average is $25.31 and its 200 day moving average is $25.36.

iShares iBonds Dec 2027 Term Muni Bond ETF Company Profile

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.