Short Interest in iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Expands By 473.3%

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 87,533 shares, a growth of 473.3% from the June 30th total of 15,267 shares. Based on an average trading volume of 66,667 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are sold short.

iShares iBonds Dec 2027 Term Muni Bond ETF Price Performance

BATS IBMP opened at $25.39 on Friday. iShares iBonds Dec 2027 Term Muni Bond ETF has a twelve month low of $25.29 and a twelve month high of $25.57. The business’s fifty day moving average is $25.39 and its 200 day moving average is $25.42.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Muni Bond ETF

Hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC raised its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 9.3% during the second quarter. NewEdge Advisors LLC now owns 414,771 shares of the company’s stock worth $10,514,000 after buying an additional 35,356 shares during the last quarter. United Capital Financial Advisors LLC raised its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 10.6% in the 3rd quarter. United Capital Financial Advisors LLC now owns 121,401 shares of the company’s stock worth $3,093,000 after acquiring an additional 11,675 shares in the last quarter. Praetorian Wealth Management Inc. raised its position in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 8.5% in the 4th quarter. Praetorian Wealth Management Inc. now owns 260,139 shares of the company’s stock worth $6,605,000 after acquiring an additional 20,293 shares in the last quarter. Blue Square Asset Management LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 4.3% in the 4th 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 during the period. Finally, Princeton Global Asset Management LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 113.9% in the 4th quarter. Princeton Global Asset Management LLC now owns 8,450 shares of the company’s stock valued at $215,000 after purchasing an additional 4,500 shares during the period.

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.