iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Large Increase in Short Interest

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 219,663 shares, an increase of 76.4% from the August 15th total of 124,518 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 453,684 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

A number of large investors have recently added to or reduced their stakes in IBDS. RVW Wealth LLC lifted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 4.5% in the 2nd quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock worth $30,816,000 after buying an additional 54,404 shares in the last quarter. Spinnaker Trust grew its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 16.0% during the first quarter. Spinnaker Trust now owns 680,902 shares of the company’s stock valued at $16,505,000 after acquiring an additional 93,956 shares in the last quarter. Lyell Wealth Management LP grew its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 17.5% during the fourth quarter. Lyell Wealth Management LP now owns 521,963 shares of the company’s stock valued at $12,673,000 after acquiring an additional 77,683 shares in the last quarter. Peloton Wealth Strategists grew its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 3.3% during the fourth quarter. Peloton Wealth Strategists now owns 350,425 shares of the company’s stock valued at $8,508,000 after acquiring an additional 11,355 shares in the last quarter. Finally, Praetorian Wealth Management Inc. increased its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 0.5% during the second quarter. Praetorian Wealth Management Inc. now owns 284,709 shares of the company’s stock worth $6,896,000 after acquiring an additional 1,446 shares during the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

iShares iBonds Dec 2027 Term Corporate ETF stock traded up $0.02 during midday trading on Thursday, hitting $24.14. 575,409 shares of the company were exchanged, compared to its average volume of 615,474. iShares iBonds Dec 2027 Term Corporate ETF has a fifty-two week low of $24.11 and a fifty-two week high of $24.38. The company’s fifty day moving average price is $24.16 and its 200-day moving average price is $24.18.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.