iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Down 44.9% in December

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 134,644 shares, a drop of 44.9% from the December 15th total of 244,521 shares. Based on an average daily volume of 610,711 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 610,711 shares, the short-interest ratio is presently 0.2 days.

iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.1%

IBDW traded down $0.02 on Friday, hitting $21.15. 347,313 shares of the company were exchanged, compared to its average volume of 581,865. iShares iBonds Dec 2031 Term Corporate ETF has a fifty-two week low of $20.08 and a fifty-two week high of $21.78. The business’s fifty day moving average is $21.17 and its 200 day moving average is $21.13.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

Hedge funds have recently bought and sold shares of the company. Harbor Investment Advisory LLC raised its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 22.6% during the third quarter. Harbor Investment Advisory LLC now owns 3,065 shares of the company’s stock worth $65,000 after purchasing an additional 565 shares during the last quarter. CNB Bank purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF during the third quarter worth $129,000. Princeton Global Asset Management LLC raised its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 44.3% in the second quarter. Princeton Global Asset Management LLC now owns 10,491 shares of the company’s stock worth $221,000 after acquiring an additional 3,221 shares during the last quarter. Leavell Investment Management Inc. acquired a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the second quarter worth $228,000. Finally, Sonata Capital Group Inc. purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF in the second quarter valued at $286,000.

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.