Short Interest in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Drops By 79.6%

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 43,453 shares, a decrease of 79.6% from the May 31st total of 212,948 shares. Based on an average trading volume of 557,250 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Birchwood Financial Partners Inc. purchased a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter valued at about $50,000. Burkett Financial Services LLC purchased a new position in iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth $61,000. Ascentis Independent Advisors acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the first quarter valued at about $85,000. Front Row Advisors LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 250.0% in the third quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock worth $102,000 after buying an additional 3,000 shares during the last quarter. Finally, BOKF NA purchased a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter valued at approximately $126,000.

iShares iBonds Dec 2027 Term Corporate ETF Stock Up 0.1%

Shares of NYSEARCA IBDS traded up $0.02 during mid-day trading on Friday, hitting $24.22. The company’s stock had a trading volume of 343,566 shares, compared to its average volume of 630,935. iShares iBonds Dec 2027 Term Corporate ETF has a one year low of $24.11 and a one year high of $24.38. The company’s fifty day simple moving average is $24.20 and its 200-day simple moving average is $24.24.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.