Short Interest in iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Decreases By 88.0%

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 100,154 shares, a decrease of 88.0% from the August 15th total of 832,904 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 207,229 shares, the short-interest ratio is currently 0.5 days.

iShares iBonds Dec 2033 Term Corporate ETF Stock Performance

IBDY traded down $0.17 during midday trading on Thursday, hitting $24.90. 207,178 shares of the company traded hands, compared to its average volume of 254,669. The business has a 50 day simple moving average of $25.36 and a two-hundred day simple moving average of $25.67. iShares iBonds Dec 2033 Term Corporate ETF has a 52-week low of $24.89 and a 52-week high of $26.52.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IBDY. Ameriprise Financial Inc. increased its stake in iShares iBonds Dec 2033 Term Corporate ETF by 214.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 553,935 shares of the company’s stock worth $14,530,000 after buying an additional 377,989 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 18,185.4% in the second quarter. JPMorgan Chase & Co. now owns 146,649 shares of the company’s stock worth $3,799,000 after acquiring an additional 145,847 shares during the last quarter. Lyell Wealth Management LP raised its stake in iShares iBonds Dec 2033 Term Corporate ETF by 46.8% in the 4th quarter. Lyell Wealth Management LP now owns 173,645 shares of the company’s stock valued at $4,539,000 after purchasing an additional 55,375 shares during the last quarter. Roble Belko & Company Inc raised its stake in iShares iBonds Dec 2033 Term Corporate ETF by 1,015.7% in the 1st quarter. Roble Belko & Company Inc now owns 53,396 shares of the company’s stock valued at $1,380,000 after purchasing an additional 48,610 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 8.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 388,257 shares of the company’s stock valued at $10,036,000 after purchasing an additional 29,179 shares in the last quarter.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.