iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Short Interest Update

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 72,253 shares, a decline of 40.2% from the July 30th total of 120,841 shares. Based on an average daily volume of 588,370 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of iShares iBonds Dec 2029 Term Corporate ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 201.9% during the third quarter. JPMorgan Chase & Co. now owns 160,004 shares of the company’s stock valued at $3,755,000 after buying an additional 107,010 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter valued at about $207,000. Integrated Wealth Concepts LLC raised its stake in iShares iBonds Dec 2029 Term Corporate ETF by 6.2% in the third quarter. Integrated Wealth Concepts LLC now owns 40,678 shares of the company’s stock worth $955,000 after buying an additional 2,374 shares in the last quarter. United Capital Financial Advisors LLC raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 23.3% in the 3rd quarter. United Capital Financial Advisors LLC now owns 115,377 shares of the company’s stock worth $2,708,000 after acquiring an additional 21,829 shares in the last quarter. Finally, American Trust purchased a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF during the third quarter valued at about $537,000.

iShares iBonds Dec 2029 Term Corporate ETF Trading Down 0.0%

IBDU traded down $0.01 during trading on Monday, reaching $23.03. 55,306 shares of the company traded hands, compared to its average volume of 739,749. The firm has a fifty day simple moving average of $23.07 and a 200 day simple moving average of $23.19. iShares iBonds Dec 2029 Term Corporate ETF has a 12-month low of $22.98 and a 12-month high of $23.65.

About iShares iBonds Dec 2029 Term Corporate ETF

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment-grade corporate bonds maturing between Jan 1 and Dec 15, 2029. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.