iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Short Interest Up 75.6% in April

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,545 shares, a growth of 75.6% from the April 15th total of 2,588 shares. Based on an average daily volume of 159,455 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

Several large investors have recently made changes to their positions in the business. Ascentis Independent Advisors bought a new stake in iShares iBonds 2027 Term High Yield and Income ETF during the 1st quarter valued at approximately $61,000. High Note Wealth LLC boosted its stake in iShares iBonds 2027 Term High Yield and Income ETF by 29.1% in the 3rd quarter. High Note Wealth LLC now owns 3,551 shares of the company’s stock worth $80,000 after purchasing an additional 801 shares during the period. 10Elms LLP grew its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 10.5% during the 3rd quarter. 10Elms LLP now owns 5,257 shares of the company’s stock valued at $118,000 after buying an additional 500 shares in the last quarter. Captrust Financial Advisors grew its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 34.2% during the 4th quarter. Captrust Financial Advisors now owns 16,470 shares of the company’s stock valued at $368,000 after buying an additional 4,200 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in shares of iShares iBonds 2027 Term High Yield and Income ETF by 53.7% during the third quarter. Parallel Advisors LLC now owns 23,050 shares of the company’s stock valued at $518,000 after buying an additional 8,050 shares during the last quarter.

iShares iBonds 2027 Term High Yield and Income ETF Price Performance

BATS IBHG opened at $22.08 on Monday. The stock’s 50-day moving average price is $22.10 and its 200-day moving average price is $22.23. iShares iBonds 2027 Term High Yield and Income ETF has a 52 week low of $21.95 and a 52 week high of $22.56.

About iShares iBonds 2027 Term High Yield and Income ETF

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) 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 2027. The fund will terminate in December 2027. IBHG was launched on Jul 7, 2021 and is managed by BlackRock.