iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Short Interest Down 76.2% in June

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 15,267 shares, a drop of 76.2% from the June 15th total of 64,183 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 101,375 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% in the first quarter. PNC Financial Services Group Inc. now owns 20,226 shares of the company’s stock worth $515,000 after acquiring an additional 497 shares during the period. Parallel Advisors LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 2.1% in the 1st quarter. Parallel Advisors LLC now owns 30,885 shares of the company’s stock valued at $786,000 after purchasing an additional 644 shares in the last quarter. 10Elms LLP lifted its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 3.2% in the 4th quarter. 10Elms LLP now owns 22,694 shares of the company’s stock worth $576,000 after purchasing an additional 700 shares during the period. Blue Square Asset Management LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.3% during the fourth quarter. Blue Square Asset Management LLC now owns 46,209 shares of the company’s stock valued at $1,173,000 after purchasing an additional 1,902 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 1.2% during the fourth quarter. Integrated Wealth Concepts LLC now owns 203,890 shares of the company’s stock valued at $5,177,000 after buying an additional 2,435 shares during the period.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

Shares of iShares iBonds Dec 2027 Term Muni Bond ETF stock traded up $0.01 on Friday, hitting $25.40. 146,991 shares of the company traded hands, compared to its average volume of 81,270. The stock’s 50 day moving average price is $25.38 and its 200-day moving average price is $25.42. iShares iBonds Dec 2027 Term Muni Bond ETF has a 52 week low of $25.29 and a 52 week high of $25.57.

iShares iBonds Dec 2027 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2027 Term Muni Bond ETF (IBMP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2027. IBMP was launched on Apr 9, 2019 and is managed by BlackRock.