iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ – Get Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 69,283 shares, an increase of 90.7% from the July 15th total of 36,325 shares. Based on an average trading volume of 36,316 shares, the days-to-cover ratio is currently 1.9 days. Approximately 3.1% of the shares of the company are short sold.
Institutional Investors Weigh In On iShares iBonds 2030 Term High Yield and Income ETF
A number of institutional investors and hedge funds have recently modified their holdings of IBHJ. Parallel Advisors LLC bought a new stake in iShares iBonds 2030 Term High Yield and Income ETF during the 1st quarter worth approximately $89,000. Ascentis Independent Advisors bought a new position in iShares iBonds 2030 Term High Yield and Income ETF in the 1st quarter valued at $68,000. Captrust Financial Advisors boosted its holdings in iShares iBonds 2030 Term High Yield and Income ETF by 60.2% in the 4th quarter. Captrust Financial Advisors now owns 21,566 shares of the company’s stock valued at $574,000 after purchasing an additional 8,100 shares during the period. Finally, High Note Wealth LLC purchased a new position in shares of iShares iBonds 2030 Term High Yield and Income ETF during the 4th quarter valued at $25,000.
iShares iBonds 2030 Term High Yield and Income ETF Stock Performance
IBHJ opened at $26.42 on Friday. The firm has a 50-day moving average price of $26.34 and a 200-day moving average price of $26.39. iShares iBonds 2030 Term High Yield and Income ETF has a twelve month low of $25.82 and a twelve month high of $26.92.
About iShares iBonds 2030 Term High Yield and Income ETF
The iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) 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 2030. The fund will terminate in December 2030. IBHJ was launched on Jun 21, 2023 and is managed by BlackRock.
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