Short Interest in iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) Increases By 90.7%

iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJGet Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 69,283 shares, an increase of 90.7% from the July 15th total of 36,325 shares. Approximately 3.1% of the shares of the stock are short sold. Based on an average daily volume of 36,316 shares, the short-interest ratio is presently 1.9 days.

Hedge Funds Weigh In On iShares iBonds 2030 Term High Yield and Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IBHJ. Parallel Advisors LLC bought a new position in shares of iShares iBonds 2030 Term High Yield and Income ETF during the 1st quarter valued at about $89,000. Ascentis Independent Advisors bought a new stake in iShares iBonds 2030 Term High Yield and Income ETF in the 1st quarter worth approximately $68,000. Captrust Financial Advisors lifted its position in iShares iBonds 2030 Term High Yield and Income ETF by 60.2% in the 4th quarter. Captrust Financial Advisors now owns 21,566 shares of the company’s stock worth $574,000 after buying an additional 8,100 shares during the last quarter. Finally, High Note Wealth LLC purchased a new stake in iShares iBonds 2030 Term High Yield and Income ETF in the fourth quarter worth approximately $25,000.

iShares iBonds 2030 Term High Yield and Income ETF Stock Performance

iShares iBonds 2030 Term High Yield and Income ETF stock opened at $26.42 on Friday. iShares iBonds 2030 Term High Yield and Income ETF has a fifty-two week low of $25.82 and a fifty-two week high of $26.92. The firm’s fifty day moving average price is $26.34 and its 200-day moving average price is $26.39.

About iShares iBonds 2030 Term High Yield and Income ETF

(Get Free Report)

The iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) 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 2030. The fund will terminate in December 2030. IBHJ was launched on Jun 21, 2023 and is managed by BlackRock.

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