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) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 88,115 shares, a growth of 136.9% from the April 30th total of 37,189 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 91,995 shares, the short-interest ratio is currently 1.0 days.

iShares iBonds 2028 Term High Yield and Income ETF Price Performance

Shares of IBHH opened at $23.45 on Tuesday. iShares iBonds 2028 Term High Yield and Income ETF has a one year low of $22.85 and a one year high of $23.92. The stock has a 50-day moving average price of $23.50 and a 200 day moving average price of $23.60.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IBHH. Captrust Financial Advisors bought a new position in iShares iBonds 2028 Term High Yield and Income ETF during the 2nd quarter worth approximately $271,000. Heartland Bank & Trust Co lifted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 21.7% during the 3rd quarter. Heartland Bank & Trust Co now owns 25,510 shares of the company’s stock worth $609,000 after buying an additional 4,549 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 3.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 48,107 shares of the company’s stock worth $1,148,000 after buying an additional 1,739 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 46.3% during the 3rd quarter. NewEdge Advisors LLC now owns 762,495 shares of the company’s stock worth $18,193,000 after buying an additional 241,224 shares during the last quarter. Finally, Rebalance LLC bought a new position in iShares iBonds 2028 Term High Yield and Income ETF during the 4th quarter worth approximately $1,105,000.

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.