iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) Short Interest Up 79.5% in June

iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 57,927 shares, an increase of 79.5% from the June 15th total of 32,280 shares. Currently, 2.6% of the shares of the company are sold short. Based on an average daily volume of 34,298 shares, the days-to-cover ratio is presently 1.7 days.

iShares iBonds 2030 Term High Yield and Income ETF Trading Up 0.0%

IBHJ opened at $26.36 on Friday. The firm has a 50-day moving average price of $26.36 and a 200-day moving average price of $26.45. iShares iBonds 2030 Term High Yield and Income ETF has a twelve month low of $25.82 and a twelve month high of $26.92.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. High Note Wealth LLC purchased a new position in iShares iBonds 2030 Term High Yield and Income ETF in the 4th quarter valued at approximately $25,000. Ascentis Independent Advisors bought a new stake in shares of iShares iBonds 2030 Term High Yield and Income ETF during the 1st quarter valued at $68,000. Parallel Advisors LLC purchased a new stake in iShares iBonds 2030 Term High Yield and Income ETF during the 1st quarter worth about $89,000. Finally, Captrust Financial Advisors purchased a new stake in iShares iBonds 2030 Term High Yield and Income ETF during the 2nd quarter worth about $353,000.

About iShares iBonds 2030 Term High Yield and Income ETF

(Get Free Report)

The iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) 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 2030. The fund will terminate in December 2030. IBHJ was launched on Jun 21, 2023 and is managed by BlackRock.

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