Short Interest in iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Drops By 61.9%

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 106,645 shares, a decrease of 61.9% from the June 30th total of 280,137 shares. Based on an average trading volume of 779,072 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

NYSEARCA IBDS opened at $24.18 on Wednesday. iShares iBonds Dec 2027 Term Corporate ETF has a one year low of $24.12 and a one year high of $24.38. The company’s 50-day simple moving average is $24.18 and its two-hundred day simple moving average is $24.22.

Institutional Inflows and Outflows

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

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.