iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) Sees Significant Decrease in Short Interest

iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 36,325 shares, a decrease of 37.3% from the June 30th total of 57,927 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily volume of 31,929 shares, the short-interest ratio is presently 1.1 days.

iShares iBonds 2030 Term High Yield and Income ETF Stock Down 0.1%

Shares of BATS IBHJ opened at $26.23 on Thursday. iShares iBonds 2030 Term High Yield and Income ETF has a 1 year low of $25.82 and a 1 year high of $26.92. The stock has a fifty day moving average price of $26.35 and a two-hundred day moving average price of $26.42.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Captrust Financial Advisors grew its holdings in iShares iBonds 2030 Term High Yield and Income ETF by 60.2% during the fourth quarter. Captrust Financial Advisors now owns 21,566 shares of the company’s stock worth $574,000 after acquiring an additional 8,100 shares during the period. Parallel Advisors LLC acquired a new stake in iShares iBonds 2030 Term High Yield and Income ETF in the 1st quarter valued at about $89,000. Ascentis Independent Advisors acquired a new stake in iShares iBonds 2030 Term High Yield and Income ETF in the 1st quarter valued at about $68,000. Finally, High Note Wealth LLC bought a new position in shares of iShares iBonds 2030 Term High Yield and Income ETF during the 4th quarter valued at about $25,000.

iShares iBonds 2030 Term High Yield and Income ETF Company Profile

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.