Short Interest in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Rises By 47.9%

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 116,818 shares, a growth of 47.9% from the January 15th total of 78,972 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 514,135 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 514,135 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

iShares iBonds Dec 2031 Term Corporate ETF Trading Up 0.2%

Shares of iShares iBonds Dec 2031 Term Corporate ETF stock traded up $0.04 during trading hours on Friday, reaching $21.28. 391,049 shares of the company’s stock were exchanged, compared to its average volume of 592,118. iShares iBonds Dec 2031 Term Corporate ETF has a 52-week low of $20.08 and a 52-week high of $21.78. The company has a fifty day moving average of $21.16 and a 200-day moving average of $21.17.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. grew its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 32.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,076,772 shares of the company’s stock valued at $44,108,000 after buying an additional 511,560 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF in the second quarter worth approximately $5,914,000. NewEdge Advisors LLC grew its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 30.1% in the third quarter. NewEdge Advisors LLC now owns 1,136,720 shares of the company’s stock valued at $24,121,000 after purchasing an additional 262,710 shares during the period. JPMorgan Chase & Co. increased its position in iShares iBonds Dec 2031 Term Corporate ETF by 122.3% during the third quarter. JPMorgan Chase & Co. now owns 319,029 shares of the company’s stock worth $6,770,000 after purchasing an additional 175,548 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors increased its position in iShares iBonds Dec 2031 Term Corporate ETF by 6.3% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 2,316,263 shares of the company’s stock worth $48,989,000 after purchasing an additional 136,491 shares during the last quarter.

About iShares iBonds Dec 2031 Term Corporate ETF

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.