Short Interest in iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Increases By 2,272.7%

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 832,904 shares, an increase of 2,272.7% from the July 30th total of 35,103 shares. Based on an average daily trading volume, of 562,186 shares, the short-interest ratio is presently 1.5 days. Approximately 1.9% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. 10Elms LLP boosted its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 12.4% in the 4th quarter. 10Elms LLP now owns 5,900 shares of the company’s stock valued at $154,000 after purchasing an additional 650 shares in the last quarter. Sterling Investment Advisors Ltd. raised its position in iShares iBonds Dec 2033 Term Corporate ETF by 4.3% in the 1st quarter. Sterling Investment Advisors Ltd. now owns 23,740 shares of the company’s stock worth $614,000 after purchasing an additional 975 shares during the period. Ballast Advisors LLC bought a new stake in iShares iBonds Dec 2033 Term Corporate ETF in the first quarter worth $30,000. Advisory Services Network LLC grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 7.6% during the fourth quarter. Advisory Services Network LLC now owns 16,632 shares of the company’s stock valued at $435,000 after buying an additional 1,172 shares during the last quarter. Finally, Evergreen Private Wealth LLC grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1.4% during the first quarter. Evergreen Private Wealth LLC now owns 135,299 shares of the company’s stock valued at $3,497,000 after buying an additional 1,928 shares during the last quarter.

iShares iBonds Dec 2033 Term Corporate ETF Price Performance

Shares of NYSEARCA:IBDY opened at $25.45 on Wednesday. The company’s fifty day moving average price is $25.49 and its 200-day moving average price is $25.76. iShares iBonds Dec 2033 Term Corporate ETF has a one year low of $25.25 and a one year high of $26.52.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.