iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) Short Interest Down 76.2% in June

iShares iBonds Dec 2027 Term Muni Bond ETF (BATS:IBMP) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 15,267 shares, a decline of 76.2% from the June 15th total of 64,183 shares. Based on an average daily volume of 101,375 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

iShares iBonds Dec 2027 Term Muni Bond ETF Stock Performance

Shares of iShares iBonds Dec 2027 Term Muni Bond ETF stock traded up $0.01 during trading hours on Friday, reaching $25.40. The company’s stock had a trading volume of 146,991 shares, compared to its average volume of 81,270. The firm has a 50 day moving average price of $25.38 and a 200-day moving average price of $25.42. iShares iBonds Dec 2027 Term Muni Bond ETF has a one year low of $25.29 and a one year high of $25.57.

Institutional Trading of iShares iBonds Dec 2027 Term Muni Bond ETF

A number of institutional investors have recently bought and sold shares of the stock. Princeton Global Asset Management LLC boosted its stake in iShares iBonds Dec 2027 Term Muni Bond ETF by 113.9% during the fourth quarter. Princeton Global Asset Management LLC now owns 8,450 shares of the company’s stock worth $215,000 after buying an additional 4,500 shares during the period. Eldridge Investment Advisors Inc. purchased a new stake in shares of iShares iBonds Dec 2027 Term Muni Bond ETF in the fourth quarter valued at $328,000. PNC Financial Services Group Inc. lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 100.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 19,729 shares of the company’s stock worth $501,000 after acquiring an additional 9,880 shares during the last quarter. 10Elms LLP lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 3.2% in the 4th quarter. 10Elms LLP now owns 22,694 shares of the company’s stock worth $576,000 after acquiring an additional 700 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of iShares iBonds Dec 2027 Term Muni Bond ETF by 12.7% in the 4th quarter. Captrust Financial Advisors now owns 24,522 shares of the company’s stock worth $623,000 after acquiring an additional 2,758 shares during the last quarter.

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.