iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Update

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 386,177 shares, a growth of 89.2% from the June 30th total of 204,136 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 536,900 shares, the days-to-cover ratio is presently 0.7 days.

iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.1%

iShares iBonds Dec 2031 Term Corporate ETF stock opened at $20.62 on Thursday. iShares iBonds Dec 2031 Term Corporate ETF has a 12-month low of $20.55 and a 12-month high of $21.78. The business’s 50-day moving average price is $20.75 and its two-hundred day moving average price is $20.94.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Praetorian Wealth Management Inc. lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 3.5% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 306,517 shares of the company’s stock valued at $6,388,000 after purchasing an additional 10,273 shares during the last quarter. Harbor Investment Advisory LLC lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 338.7% in the 2nd quarter. Harbor Investment Advisory LLC now owns 26,240 shares of the company’s stock valued at $547,000 after acquiring an additional 20,259 shares during the last quarter. Sarver Vrooman Wealth Advisors boosted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 1.2% during the 2nd quarter. Sarver Vrooman Wealth Advisors now owns 2,220,499 shares of the company’s stock valued at $46,109,000 after acquiring an additional 26,318 shares in the last quarter. Ballast Advisors LLC bought a new stake in iShares iBonds Dec 2031 Term Corporate ETF during the 1st quarter worth $30,000. Finally, Farmers National Bank grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 1.3% during the 1st quarter. Farmers National Bank now owns 44,655 shares of the company’s stock worth $935,000 after acquiring an additional 590 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.