iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Shares Shorted: Short Interest Down 82.0% in September

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 39,434 shares, a decrease of 82.0% from the August 31st total of 219,663 shares. Based on an average daily volume of 685,434 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Roble Belko & Company Inc raised its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 297.0% during the first quarter. Roble Belko & Company Inc now owns 83,371 shares of the company’s stock valued at $2,021,000 after acquiring an additional 62,370 shares during the period. Beaumont Financial Advisors LLC acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 1st quarter worth approximately $1,201,000. MTM Investment Management LLC grew its position in iShares iBonds Dec 2027 Term Corporate ETF by 54.9% during the 4th quarter. MTM Investment Management LLC now owns 104,388 shares of the company’s stock worth $2,535,000 after purchasing an additional 37,017 shares in the last quarter. Mosaic Family Wealth Partners LLC raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 116.8% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 48,515 shares of the company’s stock valued at $1,176,000 after purchasing an additional 26,133 shares during the period. Finally, Lyell Wealth Management LP lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 17.5% in the fourth quarter. Lyell Wealth Management LP now owns 521,963 shares of the company’s stock valued at $12,673,000 after purchasing an additional 77,683 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Trading Up 0.0%

IBDS traded up $0.01 during trading on Friday, reaching $24.13. The company had a trading volume of 598,467 shares, compared to its average volume of 617,782. The firm’s 50-day simple moving average is $24.16 and its 200 day simple moving average is $24.18. iShares iBonds Dec 2027 Term Corporate ETF has a 12-month low of $24.11 and a 12-month high of $24.38.

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.