iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 75,014 shares, an increase of 86.6% from the April 30th total of 40,204 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 73,230 shares, the short-interest ratio is presently 1.0 days.
iShares iBonds Dec 2035 Term Corporate ETF Stock Down 0.3%
IBCA opened at $25.48 on Thursday. The firm has a market cap of $332.51 million, a P/E ratio of 31.85 and a beta of 0.12. iShares iBonds Dec 2035 Term Corporate ETF has a 52 week low of $24.95 and a 52 week high of $26.72. The business’s fifty day simple moving average is $25.61 and its 200 day simple moving average is $25.84.
Institutional Trading of iShares iBonds Dec 2035 Term Corporate ETF
Large investors have recently made changes to their positions in the stock. Parallel Advisors LLC boosted its stake in shares of iShares iBonds Dec 2035 Term Corporate ETF by 64.4% during the first quarter. Parallel Advisors LLC now owns 29,981 shares of the company’s stock valued at $769,000 after acquiring an additional 11,743 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of iShares iBonds Dec 2035 Term Corporate ETF during the first quarter valued at $256,000. Finally, Bogart Wealth LLC boosted its stake in shares of iShares iBonds Dec 2035 Term Corporate ETF by 100.5% during the first quarter. Bogart Wealth LLC now owns 1,153 shares of the company’s stock valued at $30,000 after acquiring an additional 578 shares during the last quarter. Institutional investors and hedge funds own 33.75% of the company’s stock.
iShares iBonds Dec 2035 Term Corporate ETF Company Profile
IBCA provides access to a diversified portfolio of investment-grade corporate bonds that mature between January 1, 2035, and December 15, 2035. The fund combines the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.
Recommended Stories
- Five stocks we like better than iShares iBonds Dec 2035 Term Corporate ETF
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Receive News & Ratings for iShares iBonds Dec 2035 Term Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2035 Term Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
