iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Short Interest Up 78.0% in April

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHHGet Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 37,189 shares, an increase of 78.0% from the April 15th total of 20,887 shares. Based on an average daily trading volume, of 137,077 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the company’s stock are short sold.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hurley Capital LLC purchased a new position in shares of iShares iBonds 2028 Term High Yield and Income ETF in the 4th quarter valued at approximately $29,000. Parallel Advisors LLC purchased a new position in shares of iShares iBonds 2028 Term High Yield and Income ETF in the 4th quarter valued at approximately $69,000. High Note Wealth LLC raised its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 696.0% in the 4th quarter. High Note Wealth LLC now owns 6,042 shares of the company’s stock valued at $143,000 after purchasing an additional 5,283 shares during the last quarter. Ascentis Independent Advisors purchased a new position in shares of iShares iBonds 2028 Term High Yield and Income ETF in the 1st quarter valued at approximately $188,000. Finally, Captrust Financial Advisors purchased a new position in shares of iShares iBonds 2028 Term High Yield and Income ETF in the 2nd quarter valued at approximately $271,000.

iShares iBonds 2028 Term High Yield and Income ETF Price Performance

Shares of iShares iBonds 2028 Term High Yield and Income ETF stock opened at $23.46 on Monday. The firm’s 50 day moving average price is $23.50 and its 200-day moving average price is $23.62. iShares iBonds 2028 Term High Yield and Income ETF has a 52-week low of $22.85 and a 52-week high of $23.92.

iShares iBonds 2028 Term High Yield and Income ETF Company Profile

(Get Free Report)

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.

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