Short Interest in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Rises By 194.4%

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 378,310 shares, an increase of 194.4% from the June 15th total of 128,513 shares. Based on an average trading volume of 641,828 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Ameriprise Financial Inc. raised its stake in iShares iBonds Dec 2028 Term Corporate ETF by 1.9% during the second quarter. Ameriprise Financial Inc. now owns 1,585,429 shares of the company’s stock valued at $40,293,000 after buying an additional 30,001 shares during the last quarter. Captrust Financial Advisors raised its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 10.5% in the 2nd quarter. Captrust Financial Advisors now owns 504,847 shares of the company’s stock worth $12,833,000 after purchasing an additional 47,793 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 14,318.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 194,651 shares of the company’s stock worth $4,968,000 after purchasing an additional 193,301 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in iShares iBonds Dec 2028 Term Corporate ETF by 8.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 235,334 shares of the company’s stock worth $6,006,000 after purchasing an additional 18,550 shares in the last quarter. Finally, United Capital Financial Advisors LLC boosted its stake in iShares iBonds Dec 2028 Term Corporate ETF by 22.4% in the 3rd quarter. United Capital Financial Advisors LLC now owns 110,214 shares of the company’s stock worth $2,813,000 after purchasing an additional 20,167 shares in the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

iShares iBonds Dec 2028 Term Corporate ETF stock traded down $0.02 during trading hours on Monday, reaching $25.13. The stock had a trading volume of 664,656 shares, compared to its average volume of 664,741. iShares iBonds Dec 2028 Term Corporate ETF has a 52 week low of $25.11 and a 52 week high of $25.74. The company has a fifty day simple moving average of $25.21 and a 200-day simple moving average of $25.34.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

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.