Short Interest in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Increases By 95.3%

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 285,365 shares, an increase of 95.3% from the July 30th total of 146,124 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 472,174 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp acquired a new position in iShares iBonds Dec 2031 Term Corporate ETF during the first quarter worth $767,000. Lyell Wealth Management LP raised its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 16.1% in the 4th quarter. Lyell Wealth Management LP now owns 332,277 shares of the company’s stock worth $7,028,000 after acquiring an additional 46,181 shares during the last quarter. Atlantic Union Bankshares Corp raised its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 34.8% in the 4th quarter. Atlantic Union Bankshares Corp now owns 387,461 shares of the company’s stock worth $8,195,000 after acquiring an additional 100,078 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in iShares iBonds Dec 2031 Term Corporate ETF by 7.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 478,622 shares of the company’s stock valued at $10,018,000 after acquiring an additional 32,344 shares in the last quarter. Finally, Sarver Vrooman Wealth Advisors lifted its position in iShares iBonds Dec 2031 Term Corporate ETF by 1.2% in the 2nd quarter. Sarver Vrooman Wealth Advisors now owns 2,220,499 shares of the company’s stock valued at $46,109,000 after acquiring an additional 26,318 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Trading Up 0.0%

Shares of NYSEARCA IBDW opened at $20.58 on Tuesday. The firm’s 50-day moving average price is $20.68 and its 200-day moving average price is $20.85. iShares iBonds Dec 2031 Term Corporate ETF has a 1-year low of $20.52 and a 1-year high of $21.78.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.