Short Interest in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Increases By 30.6%

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 364,920 shares, an increase of 30.6% from the February 12th total of 279,317 shares. Based on an average daily trading volume, of 541,924 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 541,924 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

A number of large investors have recently added to or reduced their stakes in the company. Sarver Vrooman Wealth Advisors raised its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 5.5% in the 3rd quarter. Sarver Vrooman Wealth Advisors now owns 8,956 shares of the company’s stock valued at $229,000 after purchasing an additional 464 shares during the period. First Fiduciary Investment Counsel Inc. grew its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 0.9% during the third quarter. First Fiduciary Investment Counsel Inc. now owns 61,105 shares of the company’s stock worth $1,559,000 after buying an additional 520 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 5.4% during the third quarter. Prime Capital Investment Advisors LLC now owns 10,541 shares of the company’s stock worth $269,000 after buying an additional 541 shares in the last quarter. Reliant Wealth Planning raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 0.8% in the 4th quarter. Reliant Wealth Planning now owns 68,109 shares of the company’s stock valued at $1,734,000 after buying an additional 542 shares during the last quarter. Finally, American Trust raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 2.7% in the 4th quarter. American Trust now owns 21,548 shares of the company’s stock valued at $549,000 after buying an additional 563 shares during the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

Shares of IBDT stock opened at $25.29 on Tuesday. The firm has a fifty day moving average of $25.47 and a 200-day moving average of $25.48. iShares iBonds Dec 2028 Term Corporate ETF has a 12-month low of $24.81 and a 12-month high of $25.76.

About iShares iBonds Dec 2028 Term Corporate ETF

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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 Jan 1 and Dec 15, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.