iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Sees Large Decrease in Short Interest

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 28,736 shares, a decrease of 41.1% from the August 15th total of 48,787 shares. Based on an average daily volume of 62,283 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Matthew Goff Investment Advisor LLC acquired a new position in iShares iBonds Dec 2027 Term Muni Bond ETF in the 1st quarter valued at $7,534,000. O Domhnaill Enterprises Inc. acquired a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the 1st quarter worth $1,126,000. PSI Advisors LLC acquired a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the 4th quarter worth $3,348,000. Spinnaker Trust grew its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 9.8% during the first quarter. Spinnaker Trust now owns 74,784 shares of the company’s stock worth $1,903,000 after buying an additional 6,679 shares in the last quarter. Finally, Godshalk Welsh Capital Management Inc. grew its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 17.1% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 42,500 shares of the company’s stock worth $1,081,000 after buying an additional 6,200 shares in the last quarter.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Down 0.1%

Shares of iShares iBonds Dec 2027 Term Muni Bond ETF stock opened at $25.29 on Wednesday. iShares iBonds Dec 2027 Term Muni Bond ETF has a twelve month low of $25.27 and a twelve month high of $25.57. The firm’s 50-day moving average price is $25.37 and its 200 day moving average price is $25.39.

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.