iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) Short Interest Update

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 25,148 shares, a drop of 50.9% from the May 31st total of 51,240 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 56,420 shares, the days-to-cover ratio is currently 0.4 days.

iShares iBonds Dec 2030 Term Muni Bond ETF Price Performance

Shares of iShares iBonds Dec 2030 Term Muni Bond ETF stock opened at $25.89 on Tuesday. The business’s 50 day simple moving average is $25.87 and its 200 day simple moving average is $26.03. iShares iBonds Dec 2030 Term Muni Bond ETF has a 52-week low of $25.59 and a 52-week high of $26.41.

Institutional Trading of iShares iBonds Dec 2030 Term Muni Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IBMS. Praetorian Wealth Management Inc. lifted its position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 34.4% in the fourth quarter. Praetorian Wealth Management Inc. now owns 165,540 shares of the company’s stock worth $4,314,000 after purchasing an additional 42,365 shares in the last quarter. NewEdge Advisors LLC bought a new position in iShares iBonds Dec 2030 Term Muni Bond ETF in the fourth quarter valued at $3,317,000. Atlantic Union Bankshares Corp increased its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 22.6% in the 4th quarter. Atlantic Union Bankshares Corp now owns 62,412 shares of the company’s stock valued at $1,626,000 after buying an additional 11,494 shares during the last quarter. Newman Dignan & Sheerar Inc. increased its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 15.5% in the 4th quarter. Newman Dignan & Sheerar Inc. now owns 35,838 shares of the company’s stock valued at $934,000 after buying an additional 4,822 shares during the last quarter. Finally, Godshalk Welsh Capital Management Inc. lifted its position in iShares iBonds Dec 2030 Term Muni Bond ETF by 13.9% during the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 32,000 shares of the company’s stock worth $827,000 after buying an additional 3,900 shares in the last quarter.

About iShares iBonds Dec 2030 Term Muni Bond ETF

The iShares iBonds Dec 2030 Term Muni Bond ETF (IBMS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2030 IBMS was launched on May 22, 2024 and is issued by BlackRock.