iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 95,068 shares, an increase of 74.9% from the September 30th total of 54,346 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily volume of 143,378 shares, the short-interest ratio is presently 0.7 days.
iShares iBonds 2028 Term High Yield and Income ETF Price Performance
Shares of BATS IBHH opened at $23.10 on Wednesday. The company’s fifty day moving average is $23.23 and its 200-day moving average is $23.44. iShares iBonds 2028 Term High Yield and Income ETF has a twelve month low of $22.85 and a twelve month high of $23.83.
Institutional Trading of iShares iBonds 2028 Term High Yield and Income ETF
Several hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC grew its stake in iShares iBonds 2028 Term High Yield and Income ETF by 81.7% in the third quarter. Parallel Advisors LLC now owns 70,592 shares of the company’s stock valued at $1,633,000 after acquiring an additional 31,750 shares during the period. Peck Wealth Management LLC bought a new stake in shares of iShares iBonds 2028 Term High Yield and Income ETF in the third quarter worth about $261,000. Rebalance LLC raised its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 3.3% during the third quarter. Rebalance LLC now owns 35,636 shares of the company’s stock worth $824,000 after purchasing an additional 1,139 shares during the period. Bullock Wealth Management Group raised its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 6.2% during the third quarter. Bullock Wealth Management Group now owns 29,973 shares of the company’s stock worth $691,000 after purchasing an additional 1,752 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 10.8% during the third quarter. GAMMA Investing LLC now owns 14,322 shares of the company’s stock worth $331,000 after purchasing an additional 1,393 shares during the period.
About iShares iBonds 2028 Term High Yield and Income ETF
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.
See Also
- Five stocks we like better than iShares iBonds 2028 Term High Yield and Income ETF
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for iShares iBonds 2028 Term High Yield and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds 2028 Term High Yield and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
