iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Short Interest Up 114.4% in May

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 212,948 shares, an increase of 114.4% from the May 14th total of 99,324 shares. Based on an average daily trading volume, of 491,927 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of NYSEARCA IBDS opened at $24.17 on Monday. iShares iBonds Dec 2027 Term Corporate ETF has a 52-week low of $24.11 and a 52-week high of $24.38. The firm’s 50-day moving average price is $24.20 and its two-hundred day moving average price is $24.25.

Institutional Trading of iShares iBonds Dec 2027 Term Corporate ETF

Several large investors have recently added to or reduced their stakes in the business. ADG Wealth Management Group LLC bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF in the 4th quarter valued at approximately $576,000. Klaas Financial Asset Advisors LLC raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 559.5% in the fourth quarter. Klaas Financial Asset Advisors LLC now owns 75,039 shares of the company’s stock valued at $1,822,000 after purchasing an additional 63,660 shares during the period. FourThought Financial Partners LLC raised its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 284.6% in the third quarter. FourThought Financial Partners LLC now owns 34,118 shares of the company’s stock valued at $830,000 after purchasing an additional 25,247 shares during the period. Rebalance LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 10.1% in the fourth quarter. Rebalance LLC now owns 772,355 shares of the company’s stock worth $18,753,000 after buying an additional 71,100 shares during the last quarter. Finally, Heartland Bank & Trust Co boosted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 23.8% during the 3rd quarter. Heartland Bank & Trust Co now owns 186,375 shares of the company’s stock worth $4,536,000 after buying an additional 35,781 shares during the period.

About iShares iBonds Dec 2027 Term Corporate ETF

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.