Short Interest in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Rises By 400.9%

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 271,119 shares, a growth of 400.9% from the May 14th total of 54,128 shares. Based on an average daily trading volume, of 434,707 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are sold short.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

Shares of NYSEARCA IBDW opened at $20.72 on Thursday. The company’s fifty day moving average price is $20.88 and its 200 day moving average price is $21.05. iShares iBonds Dec 2031 Term Corporate ETF has a 1 year low of $20.61 and a 1 year high of $21.78.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

A number of hedge funds have recently added to or reduced their stakes in IBDW. Praetorian Wealth Management Inc. raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 18.3% during the fourth quarter. Praetorian Wealth Management Inc. now owns 269,037 shares of the company’s stock worth $5,690,000 after acquiring an additional 41,686 shares during the period. Belpointe Asset Management LLC raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 104.9% during the fourth quarter. Belpointe Asset Management LLC now owns 79,243 shares of the company’s stock worth $1,676,000 after acquiring an additional 40,572 shares during the period. Atlantic Union Bankshares Corp raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 34.8% during the fourth quarter. Atlantic Union Bankshares Corp now owns 387,461 shares of the company’s stock worth $8,195,000 after acquiring an additional 100,078 shares during the period. Jones Financial Companies Lllp raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 71.8% during the third quarter. Jones Financial Companies Lllp now owns 57,747 shares of the company’s stock worth $1,224,000 after acquiring an additional 24,142 shares during the period. Finally, Sarver Vrooman Wealth Advisors raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 6.3% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 2,316,263 shares of the company’s stock worth $48,989,000 after acquiring an additional 136,491 shares during the period.

About iShares iBonds Dec 2031 Term Corporate ETF

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.