iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Stock Short Interest Report for September

iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 184,675 shares, a growth of 500.7% from the September 15th total of 30,742 shares. Based on an average daily volume of 214,651 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Trading of iShares iBonds Dec 2034 Term Corporate ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Montecito Bank & Trust purchased a new stake in iShares iBonds Dec 2034 Term Corporate ETF in the third quarter worth about $720,000. Sarver Vrooman Wealth Advisors boosted its holdings in shares of iShares iBonds Dec 2034 Term Corporate ETF by 2.2% during the 3rd quarter. Sarver Vrooman Wealth Advisors now owns 1,718,835 shares of the company’s stock valued at $42,335,000 after buying an additional 37,801 shares in the last quarter. Roble Belko & Company Inc bought a new position in shares of iShares iBonds Dec 2034 Term Corporate ETF in the 2nd quarter worth about $1,503,000. Sterling Investment Advisors Ltd. increased its stake in shares of iShares iBonds Dec 2034 Term Corporate ETF by 35.7% during the second quarter. Sterling Investment Advisors Ltd. now owns 13,725 shares of the company’s stock valued at $358,000 after purchasing an additional 3,610 shares in the last quarter. Finally, Ballast Advisors LLC bought a new stake in shares of iShares iBonds Dec 2034 Term Corporate ETF in the 1st quarter worth approximately $30,000.

iShares iBonds Dec 2034 Term Corporate ETF Trading Down 0.1%

NYSEARCA:IBDZ traded down $0.03 during midday trading on Friday, reaching $24.66. 180,438 shares of the stock traded hands, compared to its average volume of 181,888. The company has a fifty day moving average of $25.23 and a 200 day moving average of $25.70. iShares iBonds Dec 2034 Term Corporate ETF has a 12 month low of $24.42 and a 12 month high of $27.48.

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.