iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Update

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 35,536 shares, a decline of 86.9% from the May 31st total of 271,119 shares. Based on an average daily volume of 574,116 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ballast Advisors LLC acquired a new stake in iShares iBonds Dec 2031 Term Corporate ETF during the first quarter worth about $30,000. Ascentis Independent Advisors acquired a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 1st quarter worth approximately $63,000. BOKF NA purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 4th quarter valued at approximately $69,000. Harbor Investment Advisory LLC lifted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 95.1% in the first quarter. Harbor Investment Advisory LLC now owns 5,981 shares of the company’s stock valued at $125,000 after acquiring an additional 2,916 shares during the last quarter. Finally, Bogart Wealth LLC lifted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 19.9% in the fourth quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock valued at $133,000 after acquiring an additional 1,043 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

IBDW traded up $0.03 on Friday, reaching $20.88. 343,168 shares of the stock were exchanged, compared to its average volume of 565,536. iShares iBonds Dec 2031 Term Corporate ETF has a fifty-two week low of $20.64 and a fifty-two week high of $21.78. The company’s 50-day moving average price is $20.85 and its 200 day moving average price is $21.02.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

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.