iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Short Interest Update

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 55,284 shares, a decline of 40.1% from the June 15th total of 92,270 shares. Based on an average trading volume of 365,935 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

iShares iBonds Dec 2033 Term Corporate ETF Stock Up 0.1%

NYSEARCA IBDY traded up $0.03 during trading on Friday, hitting $25.56. The company had a trading volume of 60,901 shares, compared to its average volume of 231,338. The company’s fifty day moving average is $25.67 and its 200-day moving average is $25.92. iShares iBonds Dec 2033 Term Corporate ETF has a one year low of $25.35 and a one year high of $26.52.

Institutional Trading of iShares iBonds Dec 2033 Term Corporate ETF

Several hedge funds have recently bought and sold shares of the stock. Ballast Advisors LLC bought a new position in iShares iBonds Dec 2033 Term Corporate ETF in the 1st quarter worth $30,000. Bogart Wealth LLC grew its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 431.5% during the first quarter. Bogart Wealth LLC now owns 3,040 shares of the company’s stock worth $79,000 after purchasing an additional 2,468 shares in the last quarter. Jupiter Wealth Management LLC purchased a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the second quarter worth about $120,000. 10Elms LLP raised its stake in iShares iBonds Dec 2033 Term Corporate ETF by 12.4% during the 4th quarter. 10Elms LLP now owns 5,900 shares of the company’s stock valued at $154,000 after purchasing an additional 650 shares during the period. Finally, Dearborn Partners LLC bought a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the fourth quarter valued at approximately $206,000.

About iShares iBonds Dec 2033 Term Corporate ETF

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.