iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Short Interest Update

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 26,068 shares, a decline of 41.4% from the April 30th total of 44,477 shares. Based on an average trading volume of 80,135 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

Shares of IBMP opened at $25.35 on Tuesday. The stock’s 50-day moving average price is $25.39 and its 200 day moving average price is $25.42. iShares iBonds Dec 2027 Term Muni Bond ETF has a 12-month low of $25.05 and a 12-month high of $25.57.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Muni Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Godshalk Welsh Capital Management Inc. boosted its holdings in 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 valued at $1,081,000 after purchasing an additional 6,200 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.5% during the first quarter. PNC Financial Services Group Inc. now owns 20,226 shares of the company’s stock valued at $515,000 after purchasing an additional 497 shares in the last quarter. Parallel Advisors LLC boosted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 2.1% during the first quarter. Parallel Advisors LLC now owns 30,885 shares of the company’s stock valued at $786,000 after purchasing an additional 644 shares in the last quarter. Evergreen Private Wealth LLC boosted its holdings in iShares iBonds Dec 2027 Term Muni Bond ETF by 6.9% during the first quarter. Evergreen Private Wealth LLC now owns 53,044 shares of the company’s stock valued at $1,349,000 after purchasing an additional 3,435 shares in the last quarter. Finally, O Domhnaill Enterprises Inc. acquired a new stake in iShares iBonds Dec 2027 Term Muni Bond ETF during the first quarter valued at approximately $1,126,000.

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.