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

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 255,116 shares, a growth of 546.9% from the September 15th total of 39,434 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 854,310 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of iShares iBonds Dec 2027 Term Corporate ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Reliant Wealth Planning increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 0.8% during the first quarter. Reliant Wealth Planning now owns 56,564 shares of the company’s stock valued at $1,371,000 after buying an additional 452 shares during the period. Farmers National Bank lifted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 1.2% during the fourth quarter. Farmers National Bank now owns 46,997 shares of the company’s stock worth $1,141,000 after buying an additional 563 shares during the period. Valley Wealth Managers Inc. lifted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 1.1% during the first quarter. Valley Wealth Managers Inc. now owns 71,499 shares of the company’s stock worth $1,733,000 after buying an additional 795 shares during the period. Bullock Wealth Management Group boosted its position in iShares iBonds Dec 2027 Term Corporate ETF by 1.8% during the 3rd quarter. Bullock Wealth Management Group now owns 66,407 shares of the company’s stock valued at $1,597,000 after acquiring an additional 1,200 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in iShares iBonds Dec 2027 Term Corporate ETF by 10.4% during the 3rd quarter. GAMMA Investing LLC now owns 13,164 shares of the company’s stock valued at $318,000 after acquiring an additional 1,236 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Trading Up 0.1%

NYSEARCA IBDS traded up $0.02 on Friday, reaching $24.10. 601,735 shares of the stock traded hands, compared to its average volume of 631,703. iShares iBonds Dec 2027 Term Corporate ETF has a 12 month low of $24.03 and a 12 month high of $24.38. The company has a fifty day moving average price of $24.14 and a 200-day moving average price of $24.17.

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.