iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Stock Short Interest Report for October

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 139,169 shares, a drop of 46.5% from the September 30th total of 260,371 shares. Based on an average daily volume of 1,064,659 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

A number of hedge funds have recently made changes to their positions in IBDT. RVW Wealth LLC acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the third quarter valued at approximately $29,840,000. Rebalance LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the third quarter worth $17,223,000. Lyell Wealth Management LP acquired a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF during the third quarter worth $13,937,000. Praetorian Wealth Management Inc. acquired a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF during the third quarter worth $7,131,000. Finally, Evergreen Private Wealth LLC bought a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 3rd quarter valued at $3,862,000.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

Shares of iShares iBonds Dec 2028 Term Corporate ETF stock traded up $0.02 during trading on Friday, reaching $25.05. 767,826 shares of the company’s stock were exchanged, compared to its average volume of 691,786. The firm’s 50-day moving average price is $25.02 and its 200 day moving average price is $25.22. iShares iBonds Dec 2028 Term Corporate ETF has a 1-year low of $24.85 and a 1-year high of $25.74.

About iShares iBonds Dec 2028 Term Corporate ETF

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment-grade corporate bonds maturing between Jan 1 and Dec 15, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.