iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Stock Short Interest Rises 89.6%

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 38,643 shares, a growth of 89.6% from the September 30th total of 20,377 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 334,225 shares, the short-interest ratio is currently 0.1 days.

iShares iBonds 2026 Term High Yield and Income ETF Price Performance

Shares of IBHF opened at $22.46 on Tuesday. iShares iBonds 2026 Term High Yield and Income ETF has a 1-year low of $22.37 and a 1-year high of $23.28. The stock has a market cap of $836.63 million, a PE ratio of 10.85 and a beta of 0.29. The firm has a fifty day moving average price of $22.50 and a 200 day moving average price of $22.72.

Institutional Trading of iShares iBonds 2026 Term High Yield and Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IBHF. Arrow Financial Corp purchased a new position in iShares iBonds 2026 Term High Yield and Income ETF during the 3rd quarter worth approximately $2,084,000. Ascentis Independent Advisors increased its position in iShares iBonds 2026 Term High Yield and Income ETF by 133.1% during the first quarter. Ascentis Independent Advisors now owns 126,633 shares of the company’s stock worth $2,906,000 after buying an additional 72,308 shares during the period. Parallel Advisors LLC increased its position in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% during the first quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock worth $2,688,000 after buying an additional 65,541 shares during the period. Bank of New York Mellon Corp acquired a new position in iShares iBonds 2026 Term High Yield and Income ETF during the first quarter worth approximately $200,000. Finally, Heartland Bank & Trust Co lifted its stake in iShares iBonds 2026 Term High Yield and Income ETF by 15.8% in the first quarter. Heartland Bank & Trust Co now owns 34,659 shares of the company’s stock valued at $795,000 after buying an additional 4,720 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.