iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) Sees Large Increase in Short Interest

iShares iBonds 2030 Term High Yield and Income ETF (BATS:IBHJ) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 23,872 shares, an increase of 208.3% from the April 15th total of 7,742 shares. Based on an average daily volume of 28,279 shares, the short-interest ratio is presently 0.8 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares iBonds 2030 Term High Yield and Income ETF

Several large investors have recently modified their holdings of IBHJ. High Note Wealth LLC purchased a new stake in shares of iShares iBonds 2030 Term High Yield and Income ETF during the 4th quarter worth approximately $25,000. Ascentis Independent Advisors purchased a new position in iShares iBonds 2030 Term High Yield and Income ETF in the 1st quarter valued at approximately $68,000. Parallel Advisors LLC purchased a new position in iShares iBonds 2030 Term High Yield and Income ETF in the 1st quarter valued at approximately $89,000. Finally, Captrust Financial Advisors purchased a new position in iShares iBonds 2030 Term High Yield and Income ETF in the 2nd quarter valued at approximately $353,000.

iShares iBonds 2030 Term High Yield and Income ETF Stock Performance

Shares of IBHJ stock opened at $26.33 on Friday. The company has a 50 day moving average of $26.33 and a 200-day moving average of $26.52. iShares iBonds 2030 Term High Yield and Income ETF has a 12-month low of $25.82 and a 12-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.