iShares iBonds 2032 Term High Yield and Income ETF (BATS:IBHL – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 38,823 shares, a growth of 105.5% from the May 31st total of 18,890 shares. Based on an average daily volume of 7,021 shares, the days-to-cover ratio is currently 5.5 days. Approximately 11.1% of the company’s stock are short sold.
Institutional Inflows and Outflows
A hedge fund recently raised its position in iShares iBonds 2032 Term High Yield and Income ETF stock. Flow Traders U.S. LLC increased its holdings in iShares iBonds 2032 Term High Yield and Income ETF (BATS:IBHL – Free Report) by 18.7% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 11,215 shares of the company’s stock after buying an additional 1,764 shares during the quarter. Flow Traders U.S. LLC owned about 2.80% of iShares iBonds 2032 Term High Yield and Income ETF worth $289,000 at the end of the most recent reporting period.
iShares iBonds 2032 Term High Yield and Income ETF Price Performance
Shares of IBHL opened at $25.42 on Wednesday. iShares iBonds 2032 Term High Yield and Income ETF has a twelve month low of $24.88 and a twelve month high of $25.92. The firm has a 50 day moving average of $25.39 and a 200 day moving average of $25.53.
iShares iBonds 2032 Term High Yield and Income ETF Company Profile
iShares Trust – iShares iBonds 2032 Term High Yield and Income ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of the United States. The fund invests in U.S. dollar-denominated, taxable, fixed-rate, high yield corporate bonds that are rated equal to or below Ba1, BB+, BB+ and above CC by Moody’s, S&P and Fitch respectively and BBB or equivalently rated corporate bonds, scheduled to mature between January 1, 2032 and December 15, 2032.
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