iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Short Interest Down 54.3% in July

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 26,385 shares, a drop of 54.3% from the June 30th total of 57,772 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 107,521 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of iShares iBonds 2028 Term High Yield and Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBHH. GAMMA Investing LLC lifted its position in iShares iBonds 2028 Term High Yield and Income ETF by 134.9% during the 2nd 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 period. Parallel Advisors LLC raised its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 107.7% during the first quarter. Parallel Advisors LLC now owns 6,076 shares of the company’s stock worth $143,000 after buying an additional 3,151 shares during the last quarter. Heartland Bank & Trust Co raised its stake in shares of iShares iBonds 2028 Term High Yield and Income ETF by 14.5% during the first quarter. Heartland Bank & Trust Co now owns 30,711 shares of the company’s stock worth $721,000 after buying an additional 3,890 shares during the last quarter. Ascentis Independent Advisors acquired a new position in iShares iBonds 2028 Term High Yield and Income ETF in the first quarter valued at approximately $188,000. Finally, NewEdge Advisors LLC lifted its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 4.4% in the fourth quarter. NewEdge Advisors LLC now owns 796,380 shares of the company’s stock valued at $18,854,000 after buying an additional 33,885 shares during the period.

iShares iBonds 2028 Term High Yield and Income ETF Stock Up 0.1%

Shares of IBHH opened at $23.42 on Thursday. iShares iBonds 2028 Term High Yield and Income ETF has a 12-month low of $22.85 and a 12-month high of $23.92. The stock’s fifty day simple moving average is $23.45 and its 200-day simple moving average is $23.54.

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.