iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Short Interest Update

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 130,673 shares, a growth of 143.2% from the August 31st total of 53,725 shares. Based on an average daily trading volume, of 90,242 shares, the short-interest ratio is presently 1.4 days. Approximately 1.2% of the company’s stock are sold short.

iShares iBonds 2028 Term High Yield and Income ETF Stock Down 0.0%

Shares of BATS:IBHH opened at $23.17 on Tuesday. The firm’s 50 day moving average price is $23.36 and its 200 day moving average price is $23.44. iShares iBonds 2028 Term High Yield and Income ETF has a fifty-two week low of $22.85 and a fifty-two week high of $23.86.

Institutional Investors Weigh In On iShares iBonds 2028 Term High Yield and Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBHH. Ascentis Independent Advisors acquired a new stake in shares of iShares iBonds 2028 Term High Yield and Income ETF during the 1st quarter worth about $188,000. GAMMA Investing LLC increased its stake in iShares iBonds 2028 Term High Yield and Income ETF by 134.9% in the second quarter. GAMMA Investing LLC now owns 12,929 shares of the company’s stock valued at $304,000 after purchasing an additional 7,426 shares during the last quarter. Heartland Bank & Trust Co grew its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 14.5% in the 1st quarter. Heartland Bank & Trust Co now owns 30,711 shares of the company’s stock valued at $721,000 after buying an additional 3,890 shares during the period. Parallel Advisors LLC boosted its position in shares of iShares iBonds 2028 Term High Yield and Income ETF by 107.7% in the first quarter. Parallel Advisors LLC now owns 6,076 shares of the company’s stock worth $143,000 after acquiring an additional 3,151 shares during the last quarter. Finally, Hurley Capital LLC acquired a new position in iShares iBonds 2028 Term High Yield and Income ETF during the fourth quarter worth approximately $29,000.

iShares iBonds 2028 Term High Yield and Income ETF Company Profile

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.