Short Interest in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Increases By 29.7%

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 244,521 shares, a growth of 29.7% from the November 30th total of 188,461 shares. Based on an average trading volume of 412,186 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 412,186 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. raised its stake in iShares iBonds Dec 2031 Term Corporate ETF by 32.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,076,772 shares of the company’s stock worth $44,108,000 after acquiring an additional 511,560 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in iShares iBonds Dec 2031 Term Corporate ETF in the 2nd quarter valued at $5,914,000. NewEdge Advisors LLC raised its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 30.1% during the third quarter. NewEdge Advisors LLC now owns 1,136,720 shares of the company’s stock worth $24,121,000 after purchasing an additional 262,710 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 122.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 319,029 shares of the company’s stock worth $6,770,000 after buying an additional 175,548 shares in the last quarter. Finally, Lbmc Investment Advisors LLC purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the second quarter valued at about $1,719,000.

iShares iBonds Dec 2031 Term Corporate ETF Stock Down 0.0%

iShares iBonds Dec 2031 Term Corporate ETF stock traded down $0.01 during trading on Tuesday, hitting $21.19. The company had a trading volume of 356,562 shares, compared to its average volume of 349,654. The company’s 50 day simple moving average is $21.18 and its 200-day simple moving average is $21.11. iShares iBonds Dec 2031 Term Corporate ETF has a 1-year low of $20.08 and a 1-year high of $21.78.

About iShares iBonds Dec 2031 Term Corporate ETF

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.