iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Down 12.4% in February

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 205,261 shares, a decline of 12.4% from the February 12th total of 234,321 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 589,045 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 589,045 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are sold short.

iShares iBonds Dec 2030 Term Corporate ETF Stock Up 0.2%

Shares of IBDV opened at $21.88 on Tuesday. iShares iBonds Dec 2030 Term Corporate ETF has a 12-month low of $21.09 and a 12-month high of $22.41. The business has a 50-day simple moving average of $22.10 and a two-hundred day simple moving average of $22.11.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. High Note Wealth LLC acquired a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF in the fourth quarter valued at approximately $25,000. CNB Bank acquired a new stake in iShares iBonds Dec 2030 Term Corporate ETF during the 3rd quarter worth approximately $64,000. BOKF NA bought a new stake in iShares iBonds Dec 2030 Term Corporate ETF during the 4th quarter worth approximately $68,000. Valley Wealth Managers Inc. grew its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 240.4% during the 4th quarter. Valley Wealth Managers Inc. now owns 4,531 shares of the company’s stock worth $100,000 after acquiring an additional 3,200 shares during the last quarter. Finally, Princeton Global Asset Management LLC increased its position in iShares iBonds Dec 2030 Term Corporate ETF by 12.6% in the 3rd quarter. Princeton Global Asset Management LLC now owns 5,452 shares of the company’s stock valued at $121,000 after acquiring an additional 612 shares during the period.

About iShares iBonds Dec 2030 Term Corporate ETF

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.