iShares iBonds 2031 Term High Yield and Income ETF (BATS:IBHK) Short Interest Update

iShares iBonds 2031 Term High Yield and Income ETF (BATS:IBHK) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 49,309 shares, an increase of 94.7% from the June 15th total of 25,321 shares. Based on an average daily volume of 44,468 shares, the short-interest ratio is presently 1.1 days. Currently, 6.2% of the shares of the stock are short sold.

iShares iBonds 2031 Term High Yield and Income ETF Price Performance

Shares of IBHK stock opened at $25.60 on Friday. The business’s 50-day moving average price is $25.65 and its 200-day moving average price is $25.74. iShares iBonds 2031 Term High Yield and Income ETF has a 12 month low of $25.12 and a 12 month high of $26.16.

Institutional Investors Weigh In On iShares iBonds 2031 Term High Yield and Income ETF

Hedge funds have recently added to or reduced their stakes in the business. Captrust Financial Advisors increased its position in iShares iBonds 2031 Term High Yield and Income ETF by 45.9% in the 4th quarter. Captrust Financial Advisors now owns 11,925 shares of the company’s stock valued at $308,000 after acquiring an additional 3,750 shares during the period. Reliant Wealth Planning lifted its holdings in shares of iShares iBonds 2031 Term High Yield and Income ETF by 30.7% during the fourth quarter. Reliant Wealth Planning now owns 10,067 shares of the company’s stock worth $260,000 after purchasing an additional 2,363 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds 2031 Term High Yield and Income ETF in the third quarter worth $225,000. Finally, Ascentis Independent Advisors bought a new stake in shares of iShares iBonds 2031 Term High Yield and Income ETF in the first quarter worth $65,000.

iShares iBonds 2031 Term High Yield and Income ETF Company Profile

The iShares iBonds 2031 Term High Yield and Income ETF (IBHK) 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 2031. The fund will terminate in December 2031 IBHK was launched on May 22, 2024 and is issued by BlackRock.