iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) Stock Short Interest Report for September

iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 51,959 shares, an increase of 62.1% from the September 15th total of 32,059 shares. Based on an average daily volume of 107,875 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Adirondack Trust Co. acquired a new stake in shares of iShares iBonds Dec 2035 Term Corporate ETF during the 3rd quarter valued at approximately $2,314,000. Parallel Advisors LLC increased its position in iShares iBonds Dec 2035 Term Corporate ETF by 64.4% during the 1st quarter. Parallel Advisors LLC now owns 29,981 shares of the company’s stock worth $769,000 after purchasing an additional 11,743 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in shares of iShares iBonds Dec 2035 Term Corporate ETF in the first quarter valued at approximately $256,000. Ballast Advisors LLC acquired a new position in iShares iBonds Dec 2035 Term Corporate ETF in the 1st quarter valued at $30,000. Finally, Bogart Wealth LLC increased its stake in iShares iBonds Dec 2035 Term Corporate ETF by 100.5% in the first quarter. Bogart Wealth LLC now owns 1,153 shares of the company’s stock valued at $30,000 after purchasing an additional 578 shares during the last quarter. Hedge funds and other institutional investors own 33.75% of the company’s stock.

iShares iBonds Dec 2035 Term Corporate ETF Price Performance

NYSEARCA:IBCA opened at $24.33 on Friday. The firm’s fifty day moving average price is $24.62 and its 200 day moving average price is $25.19. iShares iBonds Dec 2035 Term Corporate ETF has a 1-year low of $23.86 and a 1-year high of $26.38. The firm has a market cap of $428.21 million, a price-to-earnings ratio of 30.41 and a beta of 0.17.

About iShares iBonds Dec 2035 Term Corporate ETF

IBCA provides access to a diversified portfolio of investment-grade corporate bonds that mature between January 1, 2035, and December 15, 2035. The fund combines the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.