iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Update

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) was the target of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 118,700 shares, a drop of 42.2% from the February 26th total of 205,261 shares. Based on an average trading volume of 701,763 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

iShares iBonds Dec 2030 Term Corporate ETF Trading Up 0.0%

IBDV traded up $0.01 during trading on Friday, hitting $21.73. The company had a trading volume of 1,014,366 shares, compared to its average volume of 851,555. iShares iBonds Dec 2030 Term Corporate ETF has a one year low of $21.09 and a one year high of $22.41. The firm’s 50-day moving average price is $22.06 and its 200 day moving average price is $22.10.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

Institutional investors have recently modified their holdings of the company. High Note Wealth LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF in the fourth quarter valued at about $25,000. CNB Bank bought a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF during the third quarter worth about $64,000. BOKF NA acquired a new stake in iShares iBonds Dec 2030 Term Corporate ETF in the 4th quarter valued at approximately $68,000. Valley Wealth Managers Inc. raised its position in iShares iBonds Dec 2030 Term Corporate ETF by 240.4% in the 4th quarter. Valley Wealth Managers Inc. now owns 4,531 shares of the company’s stock valued at $100,000 after buying an additional 3,200 shares during the last quarter. Finally, Princeton Global Asset Management LLC lifted its stake 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 in the last quarter.

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.