iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Up 101.9% in July

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 283,986 shares, a growth of 101.9% from the July 15th total of 140,687 shares. Based on an average daily volume of 519,278 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

Several institutional investors have recently bought and sold shares of IBDV. FourThought Financial Partners LLC lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 90.3% during the fourth quarter. FourThought Financial Partners LLC now owns 93,926 shares of the company’s stock worth $2,073,000 after acquiring an additional 44,561 shares in the last quarter. Godshalk Welsh Capital Management Inc. boosted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 54.4% during the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 95,100 shares of the company’s stock valued at $2,082,000 after acquiring an additional 33,500 shares during the last quarter. Lyell Wealth Management LP grew its stake in iShares iBonds Dec 2030 Term Corporate ETF by 21.7% in the 4th quarter. Lyell Wealth Management LP now owns 452,987 shares of the company’s stock worth $9,997,000 after buying an additional 80,761 shares in the last quarter. Parallel Advisors LLC grew its position in iShares iBonds Dec 2030 Term Corporate ETF by 28.1% in the fourth quarter. Parallel Advisors LLC now owns 353,005 shares of the company’s stock worth $7,791,000 after acquiring an additional 77,443 shares in the last quarter. Finally, First Fiduciary Investment Counsel Inc. purchased a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF in the 4th quarter worth about $1,139,000.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

Shares of iShares iBonds Dec 2030 Term Corporate ETF stock traded down $0.03 on Friday, hitting $21.63. The company had a trading volume of 332,794 shares, compared to its average volume of 720,084. iShares iBonds Dec 2030 Term Corporate ETF has a 1 year low of $21.55 and a 1 year high of $22.41. The stock has a 50 day moving average of $21.68 and a 200-day moving average of $21.85.

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.