Short Interest in iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) Expands By 165.7%

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 79,301 shares, a growth of 165.7% from the August 15th total of 29,849 shares. Currently, 2.3% of the company’s shares are short sold. Based on an average daily volume of 50,759 shares, the short-interest ratio is presently 1.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC grew its position in iShares iBonds Dec 2030 Term Muni Bond ETF by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 16,344 shares of the company’s stock worth $422,000 after purchasing an additional 634 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 10.2% in the third quarter. Flow Traders U.S. LLC now owns 11,173 shares of the company’s stock valued at $291,000 after purchasing an additional 1,031 shares in the last quarter. 10Elms LLP boosted its position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 20.3% in the fourth quarter. 10Elms LLP now owns 6,820 shares of the company’s stock worth $178,000 after buying an additional 1,150 shares during the period. Godshalk Welsh Capital Management Inc. boosted its position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 13.9% in the first quarter. Godshalk Welsh Capital Management Inc. now owns 32,000 shares of the company’s stock worth $827,000 after buying an additional 3,900 shares during the period. Finally, Praetorian Wealth Management Inc. grew its holdings in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 3.1% during the second quarter. Praetorian Wealth Management Inc. now owns 220,855 shares of the company’s stock valued at $5,714,000 after buying an additional 6,617 shares in the last quarter.

iShares iBonds Dec 2030 Term Muni Bond ETF Price Performance

Shares of IBMS opened at $25.42 on Friday. The business’s 50-day moving average price is $25.71 and its 200 day moving average price is $25.86. iShares iBonds Dec 2030 Term Muni Bond ETF has a 1-year low of $25.34 and a 1-year high of $26.41.

About iShares iBonds Dec 2030 Term Muni Bond ETF

The iShares iBonds Dec 2030 Term Muni Bond ETF (IBMS) 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 2030 IBMS was launched on May 22, 2024 and is issued by BlackRock.