iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Down 49.3% in August

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 144,588 shares, a decrease of 49.3% from the August 15th total of 285,365 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 597,438 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

Large investors have recently added to or reduced their stakes in the company. Sarver Vrooman Wealth Advisors grew its holdings in shares of 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 valued at $48,989,000 after purchasing an additional 136,491 shares during the last quarter. Arrow Financial Corp increased its position in iShares iBonds Dec 2031 Term Corporate ETF by 4.2% in the fourth quarter. Arrow Financial Corp now owns 703,778 shares of the company’s stock worth $14,885,000 after buying an additional 28,076 shares during the period. Janney Montgomery Scott LLC increased its position in iShares iBonds Dec 2031 Term Corporate ETF by 7.2% in the first quarter. Janney Montgomery Scott LLC now owns 478,622 shares of the company’s stock worth $10,018,000 after buying an additional 32,344 shares during the period. Lyell Wealth Management LP lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 16.1% in the fourth quarter. Lyell Wealth Management LP now owns 332,277 shares of the company’s stock valued at $7,028,000 after buying an additional 46,181 shares during the last quarter. Finally, Praetorian Wealth Management Inc. lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 3.5% in the second quarter. Praetorian Wealth Management Inc. now owns 306,517 shares of the company’s stock valued at $6,388,000 after buying an additional 10,273 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

Shares of NYSEARCA:IBDW remained flat at $20.25 during midday trading on Tuesday. 709,177 shares of the company were exchanged, compared to its average volume of 567,813. The company’s 50 day simple moving average is $20.59 and its two-hundred day simple moving average is $20.79. iShares iBonds Dec 2031 Term Corporate ETF has a fifty-two week low of $20.23 and a fifty-two week high of $21.46.

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.