iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Short Interest Up 66.6% in July

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 177,661 shares, a growth of 66.6% from the July 15th total of 106,645 shares. Based on an average daily volume of 548,994 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

iShares iBonds Dec 2027 Term Corporate ETF Trading Up 0.0%

Shares of IBDS opened at $24.19 on Wednesday. The stock has a 50 day simple moving average of $24.17 and a 200 day simple moving average of $24.21. iShares iBonds Dec 2027 Term Corporate ETF has a 52-week low of $24.12 and a 52-week high of $24.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Captrust Financial Advisors raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 51.0% in the 4th quarter. Captrust Financial Advisors now owns 1,360,874 shares of the company’s stock valued at $33,042,000 after purchasing an additional 459,738 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 18.7% in the second quarter. Ameriprise Financial Inc. now owns 1,501,886 shares of the company’s stock valued at $36,442,000 after purchasing an additional 236,150 shares in the last quarter. Align Financial LLC bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter valued at about $2,515,000. Spinnaker Trust boosted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 16.0% during the first quarter. Spinnaker Trust now owns 680,902 shares of the company’s stock worth $16,505,000 after buying an additional 93,956 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 14.1% during the fourth quarter. NewEdge Advisors LLC now owns 723,911 shares of the company’s stock worth $17,577,000 after buying an additional 89,572 shares in the last quarter.

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.