iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Stock Short Interest Report for September

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 268,487 shares, a growth of 749.4% from the September 15th total of 31,609 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average trading volume of 145,526 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Praetorian Wealth Management Inc. raised its stake in iShares iBonds Dec 2029 Term Muni Bond ETF by 1.8% in the second quarter. Praetorian Wealth Management Inc. now owns 253,195 shares of the company’s stock valued at $6,429,000 after purchasing an additional 4,388 shares in the last quarter. Matthew Goff Investment Advisor LLC purchased a new position in iShares iBonds Dec 2029 Term Muni Bond ETF in the 1st quarter worth approximately $2,892,000. Confluence Investment Management LLC grew its stake in iShares iBonds Dec 2029 Term Muni Bond ETF by 0.9% in the 2nd quarter. Confluence Investment Management LLC now owns 87,480 shares of the company’s stock worth $2,221,000 after buying an additional 771 shares in the last quarter. Roble Belko & Company Inc purchased a new position in iShares iBonds Dec 2029 Term Muni Bond ETF in the 2nd quarter worth approximately $1,771,000. Finally, Spinnaker Trust increased its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 35.2% in the 1st quarter. Spinnaker Trust now owns 61,223 shares of the company’s stock worth $1,552,000 after buying an additional 15,952 shares during the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

Shares of BATS:IBMR traded up $0.08 on Friday, hitting $24.84. The company’s stock had a trading volume of 364,898 shares, compared to its average volume of 76,590. The company has a 50-day simple moving average of $25.07 and a 200 day simple moving average of $25.24. iShares iBonds Dec 2029 Term Muni Bond ETF has a 1 year low of $24.60 and a 1 year high of $25.77.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) 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 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.