iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Short Interest Up 259.5% in July

iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 70,504 shares, a growth of 259.5% from the June 30th total of 19,609 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 109,886 shares, the short-interest ratio is currently 0.6 days.

iShares iBonds Dec 2034 Term Corporate ETF Stock Performance

Shares of IBDZ stock traded up $0.09 during trading hours on Tuesday, hitting $25.70. 102,676 shares of the company were exchanged, compared to its average volume of 196,050. iShares iBonds Dec 2034 Term Corporate ETF has a one year low of $25.53 and a one year high of $27.48. The business’s 50-day simple moving average is $25.89 and its two-hundred day simple moving average is $26.13.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Sarver Vrooman Wealth Advisors increased its holdings in shares of iShares iBonds Dec 2034 Term Corporate ETF by 2.3% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 21,073 shares of the company’s stock valued at $556,000 after acquiring an additional 464 shares during the last quarter. Captrust Financial Advisors lifted its stake in iShares iBonds Dec 2034 Term Corporate ETF by 3.3% during the second quarter. Captrust Financial Advisors now owns 15,457 shares of the company’s stock worth $404,000 after purchasing an additional 490 shares during the last quarter. Bogart Wealth LLC boosted its holdings in iShares iBonds Dec 2034 Term Corporate ETF by 100.2% in the first quarter. Bogart Wealth LLC now owns 1,133 shares of the company’s stock worth $30,000 after purchasing an additional 567 shares during the period. Gradient Capital Advisors LLC increased its stake in iShares iBonds Dec 2034 Term Corporate ETF by 6.8% during the fourth quarter. Gradient Capital Advisors LLC now owns 17,986 shares of the company’s stock valued at $474,000 after purchasing an additional 1,139 shares during the last quarter. Finally, Ballast Advisors LLC bought a new position in shares of iShares iBonds Dec 2034 Term Corporate ETF in the 1st quarter worth about $30,000.

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.