iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) Short Interest Up 78.0% in April

iShares iBonds 2028 Term High Yield and Income ETF (BATS:IBHH) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 37,189 shares, an increase of 78.0% from the April 15th total of 20,887 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 137,077 shares, the short-interest ratio is currently 0.3 days.

iShares iBonds 2028 Term High Yield and Income ETF Stock Performance

BATS IBHH opened at $23.46 on Monday. The company’s 50-day moving average price is $23.50 and its 200-day moving average price is $23.62. iShares iBonds 2028 Term High Yield and Income ETF has a 12 month low of $22.85 and a 12 month high of $23.92.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rebalance LLC bought a new position in iShares iBonds 2028 Term High Yield and Income ETF during the 4th quarter worth about $1,105,000. NewEdge Advisors LLC grew its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 46.3% during the 3rd quarter. NewEdge Advisors LLC now owns 762,495 shares of the company’s stock worth $18,193,000 after acquiring an additional 241,224 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 3.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 48,107 shares of the company’s stock worth $1,148,000 after acquiring an additional 1,739 shares in the last quarter. Heartland Bank & Trust Co grew its holdings in iShares iBonds 2028 Term High Yield and Income ETF by 21.7% during the 3rd quarter. Heartland Bank & Trust Co now owns 25,510 shares of the company’s stock worth $609,000 after acquiring an additional 4,549 shares in the last quarter. Finally, Captrust Financial Advisors bought a new position in iShares iBonds 2028 Term High Yield and Income ETF during the 2nd quarter worth about $271,000.

iShares iBonds 2028 Term High Yield and Income ETF Company Profile

The iShares iBonds 2028 Term High Yield and Income ETF (IBHH) 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 2028. The fund will terminate in December 2028. IBHH was launched on Mar 8, 2022 and is managed by BlackRock.