iShares iBonds 2031 Term High Yield and Income ETF (BATS:IBHK) Shares Shorted: Short Interest Up 136.1% in October

iShares iBonds 2031 Term High Yield and Income ETF (BATS:IBHK) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 67,880 shares, an increase of 136.1% from the September 30th total of 28,746 shares. Approximately 8.5% of the company’s stock are short sold. Based on an average daily volume of 62,311 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of iShares iBonds 2031 Term High Yield and Income ETF

A hedge fund recently raised its position in iShares iBonds 2031 Term High Yield and Income ETF stock. Bullock Wealth Management Group grew its position in shares of iShares iBonds 2031 Term High Yield and Income ETF (BATS:IBHK) by 5.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 28,309 shares of the company’s stock after purchasing an additional 1,536 shares during the quarter. Bullock Wealth Management Group owned 3.54% of iShares iBonds 2031 Term High Yield and Income ETF worth $695,000 as of its most recent filing with the SEC.

iShares iBonds 2031 Term High Yield and Income ETF Stock Up 0.1%

IBHK opened at $24.70 on Friday. iShares iBonds 2031 Term High Yield and Income ETF has a 12-month low of $24.33 and a 12-month high of $26.12. The firm’s fifty day moving average price is $24.94 and its 200 day moving average price is $25.50.

About iShares iBonds 2031 Term High Yield and Income ETF

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.