iShares iBonds 2031 Term High Yield and Income ETF (BATS:IBHK) Short Interest Update

iShares iBonds 2031 Term High Yield and Income ETF (BATS:IBHK) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 10,074 shares, a decrease of 79.9% from the July 30th total of 50,023 shares. Based on an average daily volume of 14,460 shares, the short-interest ratio is presently 0.7 days. Currently, 1.3% of the company’s stock are sold short.

Institutional Trading of iShares iBonds 2031 Term High Yield and Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IBHK. Ascentis Independent Advisors purchased a new stake in shares of iShares iBonds 2031 Term High Yield and Income ETF during the 1st quarter worth $65,000. Captrust Financial Advisors lifted its position in shares of iShares iBonds 2031 Term High Yield and Income ETF by 45.9% during the fourth quarter. Captrust Financial Advisors now owns 11,925 shares of the company’s stock valued at $308,000 after buying an additional 3,750 shares during the last quarter. Reliant Wealth Planning lifted its position in shares of iShares iBonds 2031 Term High Yield and Income ETF by 30.7% during the fourth quarter. Reliant Wealth Planning now owns 10,067 shares of the company’s stock valued at $260,000 after buying an additional 2,363 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds 2031 Term High Yield and Income ETF in the 3rd quarter valued at about $225,000.

iShares iBonds 2031 Term High Yield and Income ETF Price Performance

Shares of BATS IBHK traded down $0.05 during midday trading on Thursday, reaching $25.56. 7,547 shares of the company’s stock traded hands, compared to its average volume of 14,812. The stock’s 50 day simple moving average is $25.57 and its 200-day simple moving average is $25.64. iShares iBonds 2031 Term High Yield and Income ETF has a one year low of $25.12 and a one year high of $26.16.

iShares iBonds 2031 Term High Yield and Income ETF Company Profile

The iShares iBonds 2031 Term High Yield and Income ETF (IBHK) 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 2031. The fund will terminate in December 2031 IBHK was launched on May 22, 2024 and is issued by BlackRock.