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 significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 72,253 shares, a drop of 40.2% from the July 30th total of 120,841 shares. Based on an average daily volume of 588,370 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of iShares iBonds Dec 2029 Term Corporate ETF

Several large investors have recently made changes to their positions in IBDU. MTM Investment Management LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the first quarter worth $36,000. Ballast Advisors LLC acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF during the first quarter valued at $40,000. High Note Wealth LLC purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter valued at $105,000. BOKF NA purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter valued at $126,000. Finally, Bogart Wealth LLC grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 48.6% during the 1st quarter. Bogart Wealth LLC now owns 8,457 shares of the company’s stock worth $197,000 after purchasing an additional 2,764 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

NYSEARCA IBDU traded up $0.01 during trading hours on Wednesday, reaching $22.91. The stock had a trading volume of 204,191 shares, compared to its average volume of 737,612. The stock has a fifty day moving average of $23.07 and a 200 day moving average of $23.18. iShares iBonds Dec 2029 Term Corporate ETF has a 52-week low of $22.90 and a 52-week high of $23.65.

iShares iBonds Dec 2029 Term Corporate ETF Company Profile

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.