iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Large Decrease in Short Interest

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 68,849 shares, a drop of 65.3% from the May 31st total of 198,193 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 652,280 shares, the days-to-cover ratio is currently 0.1 days.

iShares iBonds Dec 2030 Term Corporate ETF Trading Up 0.1%

IBDV stock traded up $0.02 during mid-day trading on Friday, reaching $21.82. 681,149 shares of the stock traded hands, compared to its average volume of 737,190. iShares iBonds Dec 2030 Term Corporate ETF has a one year low of $21.63 and a one year high of $22.41. The business has a 50-day moving average price of $21.80 and a two-hundred day moving average price of $21.95.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

Institutional investors have recently added to or reduced their stakes in the company. Crews Bank & Trust lifted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 50.8% during the 4th quarter. Crews Bank & Trust now owns 76,460 shares of the company’s stock worth $1,687,000 after acquiring an additional 25,745 shares during the last quarter. RVW Wealth LLC purchased a new stake in iShares iBonds Dec 2030 Term Corporate ETF in the fourth quarter worth $24,567,000. FourThought Financial Partners LLC lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 90.3% during the fourth quarter. FourThought Financial Partners LLC now owns 93,926 shares of the company’s stock worth $2,073,000 after purchasing an additional 44,561 shares during the last quarter. Lyell Wealth Management LP boosted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 21.7% during the fourth quarter. Lyell Wealth Management LP now owns 452,987 shares of the company’s stock valued at $9,997,000 after purchasing an additional 80,761 shares during the period. Finally, Beese Fulmer Investment Management Inc. boosted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 146.4% during the fourth quarter. Beese Fulmer Investment Management Inc. now owns 109,615 shares of the company’s stock valued at $2,419,000 after purchasing an additional 65,126 shares during the period.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment-grade corporate bonds maturing between Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.