iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Significant Growth in Short Interest

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 385,929 shares, a growth of 101.0% from the April 15th total of 191,989 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 662,145 shares, the short-interest ratio is currently 0.6 days.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

Shares of iShares iBonds Dec 2027 Term Corporate ETF stock traded up $0.01 on Monday, hitting $24.19. The company had a trading volume of 912,579 shares, compared to its average volume of 657,648. iShares iBonds Dec 2027 Term Corporate ETF has a 1 year low of $24.05 and a 1 year high of $24.38. The stock has a 50 day moving average of $24.20 and a 200-day moving average of $24.26.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Large investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. grew its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 7.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,606,673 shares of the company’s stock worth $39,104,000 after acquiring an additional 104,787 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 51.0% during the fourth quarter. Captrust Financial Advisors now owns 1,360,874 shares of the company’s stock valued at $33,042,000 after purchasing an additional 459,738 shares in the last quarter. RVW Wealth LLC lifted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 12.9% during the fourth quarter. RVW Wealth LLC now owns 1,170,581 shares of the company’s stock valued at $28,422,000 after purchasing an additional 133,386 shares in the last quarter. Rebalance LLC boosted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 10.1% during the fourth quarter. Rebalance LLC now owns 772,355 shares of the company’s stock worth $18,753,000 after purchasing an additional 71,100 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 14.1% during the fourth quarter. NewEdge Advisors LLC now owns 723,911 shares of the company’s stock worth $17,577,000 after purchasing an additional 89,572 shares during the last quarter.

About iShares iBonds Dec 2027 Term Corporate ETF

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.