iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY – Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 100,154 shares, a drop of 88.0% from the August 15th total of 832,904 shares. Based on an average daily volume of 207,229 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.
iShares iBonds Dec 2033 Term Corporate ETF Stock Performance
iShares iBonds Dec 2033 Term Corporate ETF stock traded down $0.02 during trading on Friday, hitting $24.88. The company’s stock had a trading volume of 138,988 shares, compared to its average volume of 254,003. The stock’s fifty day moving average is $25.34 and its 200 day moving average is $25.67. iShares iBonds Dec 2033 Term Corporate ETF has a 1-year low of $24.87 and a 1-year high of $26.52.
Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Corporate ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Ballast Advisors LLC acquired a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF in the 1st quarter valued at $30,000. Bogart Wealth LLC grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 431.5% during the 1st quarter. Bogart Wealth LLC now owns 3,040 shares of the company’s stock valued at $79,000 after buying an additional 2,468 shares during the period. Jupiter Wealth Management LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 2nd quarter worth $120,000. 10Elms LLP increased its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 12.4% during the 4th quarter. 10Elms LLP now owns 5,900 shares of the company’s stock worth $154,000 after buying an additional 650 shares during the last quarter. Finally, Dearborn Partners LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 4th quarter worth $206,000.
iShares iBonds Dec 2033 Term Corporate ETF Company Profile
The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.
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