Short Interest in iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Decreases By 84.2%

iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 5,882 shares, a decline of 84.2% from the May 31st total of 37,342 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 189,550 shares, the short-interest ratio is currently 0.0 days.

iShares iBonds Dec 2034 Term Corporate ETF Price Performance

Shares of IBDZ stock traded up $0.03 during mid-day trading on Friday, hitting $26.11. 84,374 shares of the company’s stock were exchanged, compared to its average volume of 208,528. iShares iBonds Dec 2034 Term Corporate ETF has a fifty-two week low of $25.64 and a fifty-two week high of $27.48. The stock has a 50-day simple moving average of $26.01 and a two-hundred day simple moving average of $26.22.

Institutional Trading of iShares iBonds Dec 2034 Term Corporate ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bogart Wealth LLC grew its stake in shares of iShares iBonds Dec 2034 Term Corporate ETF by 100.2% during the 1st quarter. Bogart Wealth LLC now owns 1,133 shares of the company’s stock valued at $30,000 after buying an additional 567 shares during the period. Ballast Advisors LLC purchased a new position in shares of iShares iBonds Dec 2034 Term Corporate ETF in the 1st quarter worth $30,000. 10Elms LLP purchased a new position in shares of iShares iBonds Dec 2034 Term Corporate ETF in the 3rd quarter worth $50,000. Bessemer Group Inc. acquired a new position in iShares iBonds Dec 2034 Term Corporate ETF in the first quarter valued at $238,000. Finally, Ameriprise Financial Inc. acquired a new position in iShares iBonds Dec 2034 Term Corporate ETF in the second quarter valued at $258,000.

About iShares iBonds Dec 2034 Term Corporate ETF

The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) 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, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.