iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sees Large Increase in Short Interest

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 164,057 shares, a growth of 23.3% from the February 26th total of 133,049 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 676,226 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sarver Vrooman Wealth Advisors boosted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 6.3% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 2,316,263 shares of the company’s stock valued at $48,989,000 after buying an additional 136,491 shares during the period. Ameriprise Financial Inc. lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 32.7% in the third quarter. Ameriprise Financial Inc. now owns 2,076,772 shares of the company’s stock worth $44,108,000 after acquiring an additional 511,560 shares during the last quarter. NewEdge Advisors LLC grew its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 5.2% during the 4th quarter. NewEdge Advisors LLC now owns 1,195,846 shares of the company’s stock worth $25,292,000 after acquiring an additional 59,126 shares in the last quarter. Arrow Financial Corp grew its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 4.2% during the 4th quarter. Arrow Financial Corp now owns 703,778 shares of the company’s stock worth $14,885,000 after acquiring an additional 28,076 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 6.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 446,278 shares of the company’s stock valued at $9,439,000 after purchasing an additional 28,605 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Trading Up 0.5%

iShares iBonds Dec 2031 Term Corporate ETF stock opened at $20.93 on Wednesday. iShares iBonds Dec 2031 Term Corporate ETF has a 52-week low of $20.08 and a 52-week high of $21.78. The company’s 50 day moving average is $21.11 and its two-hundred day moving average is $21.17.

About iShares iBonds Dec 2031 Term Corporate ETF

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.