Short Interest in iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Expands By 108.1%

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 71,994 shares, an increase of 108.1% from the July 15th total of 34,601 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 53,099 shares, the short-interest ratio is presently 1.4 days.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Muni Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Flow Traders U.S. LLC increased its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 9.4% during the third quarter. Flow Traders U.S. LLC now owns 23,116 shares of the company’s stock valued at $590,000 after acquiring an additional 1,988 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 3.9% in the third quarter. Integrated Wealth Concepts LLC now owns 41,062 shares of the company’s stock worth $1,048,000 after purchasing an additional 1,559 shares during the last quarter. United Capital Financial Advisors LLC grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 14.7% during the 3rd quarter. United Capital Financial Advisors LLC now owns 113,259 shares of the company’s stock valued at $2,891,000 after purchasing an additional 14,557 shares during the period. NewEdge Advisors LLC grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 1.3% during the 3rd quarter. NewEdge Advisors LLC now owns 84,023 shares of the company’s stock valued at $2,145,000 after purchasing an additional 1,106 shares during the period. Finally, Atlantic Union Bankshares Corp grew its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 17.5% during the 4th quarter. Atlantic Union Bankshares Corp now owns 67,081 shares of the company’s stock valued at $1,706,000 after purchasing an additional 9,994 shares during the period.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

Shares of IBMR stock opened at $25.29 on Friday. iShares iBonds Dec 2029 Term Muni Bond ETF has a 12-month low of $25.15 and a 12-month high of $25.77. The firm’s 50 day moving average is $25.31 and its 200 day moving average is $25.41.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.