iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Large Increase in Short Interest

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 518,137 shares, a growth of 305.6% from the December 15th total of 127,741 shares. Based on an average daily volume of 1,433,533 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 1,433,533 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Adirondack Trust Co. boosted its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 15.2% in the second quarter. Adirondack Trust Co. now owns 105,363 shares of the company’s stock worth $2,315,000 after acquiring an additional 13,865 shares during the period. Montecito Bank & Trust bought a new position in iShares iBonds Dec 2030 Term Corporate ETF during the third quarter valued at approximately $753,000. Farther Finance Advisors LLC increased its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 728.4% in the third quarter. Farther Finance Advisors LLC now owns 31,729 shares of the company’s stock worth $703,000 after buying an additional 27,899 shares during the period. Sarver Vrooman Wealth Advisors boosted its position in iShares iBonds Dec 2030 Term Corporate ETF by 653.1% during the 2nd quarter. Sarver Vrooman Wealth Advisors now owns 9,218 shares of the company’s stock valued at $203,000 after buying an additional 7,994 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in iShares iBonds Dec 2030 Term Corporate ETF in the 2nd quarter worth approximately $2,368,000.

iShares iBonds Dec 2030 Term Corporate ETF Price Performance

NYSEARCA IBDV traded up $0.03 on Wednesday, reaching $22.12. The company had a trading volume of 823,888 shares, compared to its average volume of 942,854. The company’s fifty day moving average is $22.09 and its 200-day moving average is $22.06. iShares iBonds Dec 2030 Term Corporate ETF has a 1-year low of $21.09 and a 1-year high of $22.41.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.