iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) Short Interest Up 90.7% in July

iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 69,283 shares, a growth of 90.7% from the July 15th total of 36,325 shares. Based on an average daily trading volume, of 36,316 shares, the days-to-cover ratio is currently 1.9 days. Approximately 3.1% of the company’s shares are sold short.

Institutional Trading of iShares iBonds 2030 Term High Yield and Income ETF

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

iShares iBonds 2030 Term High Yield and Income ETF Price Performance

iShares iBonds 2030 Term High Yield and Income ETF stock opened at $26.42 on Monday. 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 firm has a 50-day moving average of $26.34 and a two-hundred day moving average of $26.39.

About iShares iBonds 2030 Term High Yield and Income ETF

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.