iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Short Interest Update

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 127,362 shares, a decrease of 63.3% from the February 26th total of 346,576 shares. Based on an average trading volume of 875,319 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 875,319 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of iShares iBonds Dec 2029 Term Corporate ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IBDU. Burkett Financial Services LLC bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter worth approximately $49,000. High Note Wealth LLC bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at $105,000. GAMMA Investing LLC boosted its position in iShares iBonds Dec 2029 Term Corporate ETF by 9.4% in the 4th quarter. GAMMA Investing LLC now owns 5,284 shares of the company’s stock valued at $124,000 after buying an additional 452 shares during the last quarter. BOKF NA acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at $126,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at $132,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

IBDU opened at $23.17 on Wednesday. iShares iBonds Dec 2029 Term Corporate ETF has a 1-year low of $22.55 and a 1-year high of $23.65. The firm has a 50-day moving average price of $23.41 and a two-hundred day moving average price of $23.43.

About iShares iBonds Dec 2029 Term Corporate ETF

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) 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, 2029. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.