iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Short Interest Down 39.6% in April

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 22,995 shares, a drop of 39.6% from the April 15th total of 38,068 shares. Based on an average daily trading volume, of 327,675 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

iShares iBonds 2026 Term High Yield and Income ETF Trading Up 0.1%

Shares of IBHF opened at $22.72 on Friday. iShares iBonds 2026 Term High Yield and Income ETF has a 1 year low of $22.69 and a 1 year high of $23.45. The stock has a market cap of $846.32 million, a P/E ratio of 10.85 and a beta of 0.29. The stock’s 50-day moving average price is $22.87 and its two-hundred day moving average price is $23.03.

Hedge Funds Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% during the first quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock worth $2,688,000 after buying an additional 65,541 shares during the last quarter. Heartland Bank & Trust Co boosted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 15.8% during the first quarter. Heartland Bank & Trust Co now owns 34,659 shares of the company’s stock worth $795,000 after buying an additional 4,720 shares during the last quarter. Bank of New York Mellon Corp bought a new position in iShares iBonds 2026 Term High Yield and Income ETF during the first quarter worth about $200,000. Ascentis Independent Advisors boosted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 133.1% during the first quarter. Ascentis Independent Advisors now owns 126,633 shares of the company’s stock worth $2,906,000 after buying an additional 72,308 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 2.3% during the fourth quarter. NewEdge Advisors LLC now owns 225,309 shares of the company’s stock worth $5,200,000 after buying an additional 5,026 shares during the last quarter.

iShares iBonds 2026 Term High Yield and Income ETF Company Profile

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.