Short Interest in iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Expands By 882.6%

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 153,397 shares, a growth of 882.6% from the June 15th total of 15,611 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 248,395 shares, the days-to-cover ratio is presently 0.6 days.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

NYSEARCA:IBDX opened at $24.97 on Monday. The firm’s fifty day moving average is $25.11 and its two-hundred day moving average is $25.35. iShares iBonds Dec 2032 Term Corporate ETF has a one year low of $24.89 and a one year high of $26.77.

Institutional Trading of iShares iBonds Dec 2032 Term Corporate ETF

A number of hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. purchased a new position in iShares iBonds Dec 2032 Term Corporate ETF during the third quarter valued at approximately $1,283,000. Confluence Investment Management LLC purchased a new stake in iShares iBonds Dec 2032 Term Corporate ETF in the 4th quarter worth approximately $7,611,000. Praetorian Wealth Management Inc. acquired a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 4th quarter worth approximately $2,205,000. Atlantic Union Bankshares Corp increased its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 36.8% during the 4th quarter. Atlantic Union Bankshares Corp now owns 315,958 shares of the company’s stock valued at $8,066,000 after purchasing an additional 85,012 shares in the last quarter. Finally, Roble Belko & Company Inc lifted its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 917.6% in the 1st quarter. Roble Belko & Company Inc now owns 72,379 shares of the company’s stock valued at $1,829,000 after purchasing an additional 65,266 shares during the period.

iShares iBonds Dec 2032 Term Corporate ETF Company Profile

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) 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 January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.