iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) Shares Shorted: Short Interest Up 89.6% in October

iShares iBonds 2026 Term High Yield and Income ETF (BATS:IBHF) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 38,643 shares, an increase of 89.6% from the September 30th total of 20,377 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 334,225 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On iShares iBonds 2026 Term High Yield and Income ETF

Several institutional investors have recently made changes to their positions in IBHF. North Star Investment Management Corp. purchased a new position in iShares iBonds 2026 Term High Yield and Income ETF in the third quarter valued at about $105,000. Arrow Financial Corp purchased a new stake in shares of iShares iBonds 2026 Term High Yield and Income ETF during the 3rd quarter valued at $2,084,000. Rebalance LLC boosted its position in iShares iBonds 2026 Term High Yield and Income ETF by 3.3% during the 3rd quarter. Rebalance LLC now owns 36,978 shares of the company’s stock worth $833,000 after purchasing an additional 1,188 shares during the period. Parallel Advisors LLC grew its holdings in iShares iBonds 2026 Term High Yield and Income ETF by 127.0% during the 1st quarter. Parallel Advisors LLC now owns 117,141 shares of the company’s stock valued at $2,688,000 after purchasing an additional 65,541 shares in the last quarter. Finally, Heartland Bank & Trust Co grew its position in shares of iShares iBonds 2026 Term High Yield and Income ETF by 15.8% during the first quarter. Heartland Bank & Trust Co now owns 34,659 shares of the company’s stock worth $795,000 after buying an additional 4,720 shares in the last quarter.

iShares iBonds 2026 Term High Yield and Income ETF Stock Performance

BATS:IBHF opened at $22.55 on Monday. The stock’s 50 day simple moving average is $22.50 and its 200-day simple moving average is $22.72. iShares iBonds 2026 Term High Yield and Income ETF has a 12-month low of $22.37 and a 12-month high of $23.37. The firm has a market cap of $839.99 million, a P/E ratio of 10.85 and a beta of 0.29.

iShares iBonds 2026 Term High Yield and Income ETF Company Profile

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2026. The fund will terminate in December 2026. IBHF was launched on Nov 10, 2020 and is managed by BlackRock.