iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Significant Growth in Short Interest

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 280,137 shares, a growth of 544.7% from the June 15th total of 43,453 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 566,506 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Praetorian Wealth Management Inc. boosted its stake in iShares iBonds Dec 2027 Term Corporate ETF by 0.5% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 284,709 shares of the company’s stock worth $6,896,000 after purchasing an additional 1,446 shares during the period. RVW Wealth LLC increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 4.5% during the 2nd quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock worth $30,816,000 after purchasing an additional 54,404 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 148.9% in the 2nd quarter. GAMMA Investing LLC now owns 11,928 shares of the company’s stock valued at $289,000 after purchasing an additional 7,135 shares during the period. Harbor Investment Advisory LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 6.0% in the 2nd quarter. Harbor Investment Advisory LLC now owns 129,122 shares of the company’s stock valued at $3,127,000 after purchasing an additional 7,294 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 8.7% in the first quarter. Parallel Advisors LLC now owns 283,652 shares of the company’s stock valued at $6,876,000 after purchasing an additional 22,629 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

IBDS traded up $0.01 during trading on Friday, reaching $24.15. The company had a trading volume of 407,025 shares, compared to its average volume of 641,835. iShares iBonds Dec 2027 Term Corporate ETF has a 12 month low of $24.11 and a 12 month high of $24.38. The business’s fifty day moving average price is $24.18 and its 200 day moving average price is $24.23.

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.