iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Large Decline in Short Interest

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 43,453 shares, a decline of 79.6% from the May 31st total of 212,948 shares. Based on an average daily volume of 557,250 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Parallel Advisors LLC boosted its position in iShares iBonds Dec 2027 Term Corporate ETF by 8.7% during the 1st quarter. Parallel Advisors LLC now owns 283,652 shares of the company’s stock worth $6,876,000 after acquiring an additional 22,629 shares during the period. Front Row Advisors LLC increased its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 39.3% in the 1st quarter. Front Row Advisors LLC now owns 5,850 shares of the company’s stock valued at $142,000 after purchasing an additional 1,650 shares during the period. Arkadios Wealth Advisors purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the first quarter worth approximately $757,000. Reliant Wealth Planning lifted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 0.8% in the first quarter. Reliant Wealth Planning now owns 56,564 shares of the company’s stock worth $1,371,000 after purchasing an additional 452 shares in the last quarter. Finally, Godshalk Welsh Capital Management Inc. boosted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 12.3% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 125,335 shares of the company’s stock worth $3,038,000 after purchasing an additional 13,710 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

NYSEARCA:IBDS traded up $0.02 during trading hours on Friday, hitting $24.22. 343,566 shares of the stock traded hands, compared to its average volume of 630,935. The firm has a 50 day moving average price of $24.20 and a 200 day moving average price of $24.24. iShares iBonds Dec 2027 Term Corporate ETF has a fifty-two week low of $24.11 and a fifty-two week high of $24.38.

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.