iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Short Interest Update

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 31,609 shares, a decrease of 46.7% from the August 31st total of 59,340 shares. Based on an average daily volume of 100,933 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are short sold.

iShares iBonds Dec 2029 Term Muni Bond ETF Price Performance

BATS:IBMR opened at $24.73 on Thursday. iShares iBonds Dec 2029 Term Muni Bond ETF has a 1-year low of $24.60 and a 1-year high of $25.77. The firm has a fifty day simple moving average of $25.14 and a 200 day simple moving average of $25.28.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Muni Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of IBMR. Confluence Investment Management LLC boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 0.9% during the second quarter. Confluence Investment Management LLC now owns 87,480 shares of the company’s stock worth $2,221,000 after purchasing an additional 771 shares during the period. United Community Bank acquired a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF during the second quarter worth approximately $38,000. Parallel Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 14.4% during the fourth quarter. Parallel Advisors LLC now owns 23,161 shares of the company’s stock worth $589,000 after acquiring an additional 2,911 shares during the period. Praetorian Wealth Management Inc. boosted its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 1.8% during the second quarter. Praetorian Wealth Management Inc. now owns 253,195 shares of the company’s stock worth $6,429,000 after acquiring an additional 4,388 shares during the period. Finally, HORAN Wealth LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF in the first quarter valued at approximately $217,000.

About iShares iBonds Dec 2029 Term Muni Bond ETF

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.