iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Short Interest Update

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 30,245 shares, a decline of 59.8% from the June 30th total of 75,260 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 186,411 shares, the days-to-cover ratio is currently 0.2 days.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

BATS IBHF opened at $22.56 on Monday. The company has a market cap of $840.36 million, a P/E ratio of 10.85 and a beta of 0.29. iShares iBonds 2026 Term High Yield and Income ETF has a 12 month low of $22.51 and a 12 month high of $23.45. The company has a 50-day moving average of $22.63 and a 200-day moving average of $22.84.

Hedge Funds Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Captrust Financial Advisors purchased a new position in iShares iBonds 2026 Term High Yield and Income ETF during the second quarter worth approximately $254,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF during the 3rd quarter valued at $270,000. Integrated Wealth Concepts LLC increased its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 1.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 322,063 shares of the company’s stock worth $7,533,000 after buying an additional 5,794 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 8.6% during the 3rd quarter. NewEdge Advisors LLC now owns 220,283 shares of the company’s stock worth $5,152,000 after buying an additional 17,507 shares during the last quarter. Finally, Rebalance LLC increased its holdings in shares of iShares iBonds 2026 Term High Yield and Income ETF by 3.3% during the 4th quarter. Rebalance LLC now owns 48,254 shares of the company’s stock worth $1,114,000 after buying an additional 1,539 shares during the last quarter.

About iShares iBonds 2026 Term High Yield and Income ETF

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.