iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Short Interest Up 164.8% in August

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 191,308 shares, an increase of 164.8% from the August 15th total of 72,253 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,059,440 shares, the days-to-cover ratio is currently 0.2 days.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

IBDU traded down $0.01 on Tuesday, hitting $22.79. 51,204 shares of the company were exchanged, compared to its average volume of 732,233. iShares iBonds Dec 2029 Term Corporate ETF has a 12 month low of $22.78 and a 12 month high of $23.65. The stock’s fifty day moving average is $23.02 and its 200-day moving average is $23.14.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Corporate ETF

Large investors have recently made changes to their positions in the stock. Lyell Wealth Management LP lifted its stake in iShares iBonds Dec 2029 Term Corporate ETF by 21.7% in the 4th quarter. Lyell Wealth Management LP now owns 486,066 shares of the company’s stock valued at $11,376,000 after purchasing an additional 86,833 shares during the last quarter. Godshalk Welsh Capital Management Inc. grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 32.9% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 132,750 shares of the company’s stock worth $3,088,000 after purchasing an additional 32,850 shares during the period. HORAN Wealth LLC acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF during the first quarter worth approximately $526,000. Heartland Bank & Trust Co increased its position in iShares iBonds Dec 2029 Term Corporate ETF by 401.6% during the first quarter. Heartland Bank & Trust Co now owns 148,493 shares of the company’s stock worth $3,454,000 after buying an additional 118,889 shares during the last quarter. Finally, Roble Belko & Company Inc raised its stake in iShares iBonds Dec 2029 Term Corporate ETF by 174.7% in the first quarter. Roble Belko & Company Inc now owns 119,309 shares of the company’s stock valued at $2,775,000 after buying an additional 75,870 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Company Profile

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) 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. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.