Short Interest in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Decreases By 31.4%

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 261,158 shares, a drop of 31.4% from the December 31st total of 380,463 shares. Based on an average trading volume of 1,006,235 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 1,006,235 shares, the short-interest ratio is currently 0.3 days.

iShares iBonds Dec 2029 Term Corporate ETF Trading Up 0.1%

Shares of IBDU traded up $0.03 during mid-day trading on Friday, reaching $23.52. The company’s stock had a trading volume of 622,476 shares, compared to its average volume of 887,754. iShares iBonds Dec 2029 Term Corporate ETF has a 52 week low of $22.55 and a 52 week high of $23.65. The company’s fifty day moving average price is $23.43 and its two-hundred day moving average price is $23.42.

Institutional Trading of iShares iBonds Dec 2029 Term Corporate ETF

Institutional investors have recently added to or reduced their stakes in the business. Burkett Financial Services LLC bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter valued at $49,000. Bank of Jackson Hole Trust lifted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 32.0% in the 2nd quarter. Bank of Jackson Hole Trust now owns 4,202 shares of the company’s stock worth $98,000 after purchasing an additional 1,018 shares during the period. GAMMA Investing LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 9.4% during the 4th quarter. GAMMA Investing LLC now owns 5,284 shares of the company’s stock valued at $124,000 after purchasing an additional 452 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the fourth quarter valued at about $132,000. Finally, CNB Bank bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the third quarter worth about $134,000.

iShares iBonds Dec 2029 Term Corporate ETF Company Profile

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment-grade corporate bonds maturing between Jan 1 and Dec 15, 2029. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.