iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Shares Shorted: Short Interest Up 225.8% in October

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 133,552 shares, an increase of 225.8% from the October 15th total of 40,996 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 631,705 shares, the days-to-cover ratio is presently 0.2 days.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of IBDS remained flat at $24.09 during mid-day trading on Thursday. The stock had a trading volume of 442,538 shares, compared to its average volume of 637,753. The stock’s 50 day moving average is $24.11 and its 200-day moving average is $24.18. iShares iBonds Dec 2027 Term Corporate ETF has a 12-month low of $23.97 and a 12-month high of $24.37.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Several hedge funds have recently added to or reduced their stakes in IBDS. BOKF NA purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the third quarter worth $65,000. NBH Bank bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the second quarter valued at $85,000. Front Row Advisors LLC increased its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 39.3% during the first quarter. Front Row Advisors LLC now owns 5,850 shares of the company’s stock valued at $142,000 after acquiring an additional 1,650 shares in the last quarter. Pinnacle Bancorp Inc. increased its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 91.4% during the third quarter. Pinnacle Bancorp Inc. now owns 6,077 shares of the company’s stock valued at $147,000 after acquiring an additional 2,902 shares in the last quarter. Finally, Bessemer Group Inc. bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the first quarter valued at $234,000.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.