iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Shares Shorted: Short Interest Down 83.9% in October

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 40,996 shares, a decline of 83.9% from the September 30th total of 255,116 shares. Based on an average trading volume of 795,039 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

NYSEARCA:IBDS remained flat at $24.14 during trading hours on Wednesday. 471,394 shares of the company traded hands, compared to its average volume of 636,584. iShares iBonds Dec 2027 Term Corporate ETF has a 1 year low of $24.03 and a 1 year high of $24.38. The stock’s fifty day moving average price is $24.13 and its 200-day moving average price is $24.19.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IBDS. Reliant Wealth Planning raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 0.8% during the first quarter. Reliant Wealth Planning now owns 56,564 shares of the company’s stock valued at $1,371,000 after buying an additional 452 shares during the last quarter. Valley Wealth Managers Inc. grew its position in iShares iBonds Dec 2027 Term Corporate ETF by 1.1% during the first quarter. Valley Wealth Managers Inc. now owns 71,499 shares of the company’s stock worth $1,733,000 after buying an additional 795 shares in the last quarter. Bullock Wealth Management Group grew its position in iShares iBonds Dec 2027 Term Corporate ETF by 1.8% during the third quarter. Bullock Wealth Management Group now owns 66,407 shares of the company’s stock worth $1,597,000 after buying an additional 1,200 shares in the last quarter. GAMMA Investing LLC grew its position in iShares iBonds Dec 2027 Term Corporate ETF by 10.4% during the third quarter. GAMMA Investing LLC now owns 13,164 shares of the company’s stock worth $318,000 after buying an additional 1,236 shares in the last quarter. Finally, Praetorian Wealth Management Inc. increased its stake in iShares iBonds Dec 2027 Term Corporate ETF by 0.5% during the second quarter. Praetorian Wealth Management Inc. now owns 284,709 shares of the company’s stock valued at $6,896,000 after acquiring an additional 1,446 shares during the period.

About iShares iBonds Dec 2027 Term Corporate ETF

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.