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

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 121,087 shares, an increase of 213.6% from the July 15th total of 38,608 shares. Based on an average daily volume of 52,591 shares, the short-interest ratio is presently 2.3 days. Currently, 3.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of IBMS. Spinnaker Trust bought a new position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF during the fourth quarter valued at $604,000. Community Trust & Investment Co. grew its holdings in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 108.2% in the 2nd quarter. Community Trust & Investment Co. now owns 381,639 shares of the company’s stock worth $9,873,000 after purchasing an additional 198,355 shares during the last quarter. Atlantic Union Bankshares Corp grew its holdings in shares of 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 worth $1,626,000 after purchasing an additional 11,494 shares during the last quarter. Praetorian Wealth Management Inc. increased its position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 3.1% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 220,855 shares of the company’s stock worth $5,714,000 after purchasing an additional 6,617 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 16,344 shares of the company’s stock worth $422,000 after purchasing an additional 634 shares in the last quarter.

iShares iBonds Dec 2030 Term Muni Bond ETF Price Performance

Shares of IBMS opened at $25.77 on Thursday. iShares iBonds Dec 2030 Term Muni Bond ETF has a 1 year low of $25.59 and a 1 year high of $26.41. The stock has a 50 day simple moving average of $25.81 and a 200-day simple moving average of $25.95.

iShares iBonds Dec 2030 Term Muni Bond ETF Company Profile

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.