iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Sees Significant Increase in Short Interest

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 32,761 shares, a growth of 174.7% from the April 15th total of 11,928 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 72,200 shares, the short-interest ratio is currently 0.5 days.

iShares iBonds Dec 2028 Term Muni Bond ETF Trading Up 0.0%

Shares of IBMQ stock opened at $25.49 on Friday. iShares iBonds Dec 2028 Term Muni Bond ETF has a 52-week low of $25.14 and a 52-week high of $25.83. The business’s fifty day moving average is $25.54 and its 200 day moving average is $25.58.

Institutional Trading of iShares iBonds Dec 2028 Term Muni Bond ETF

Large investors have recently modified their holdings of the business. PNC Financial Services Group Inc. increased its position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 485.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,511 shares of the company’s stock worth $39,000 after purchasing an additional 1,253 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in iShares iBonds Dec 2028 Term Muni Bond ETF during the fourth quarter valued at approximately $120,000. CNB Bank purchased a new position in iShares iBonds Dec 2028 Term Muni Bond ETF in the 3rd quarter worth approximately $196,000. HORAN Wealth LLC bought a new position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the 4th quarter worth $217,000. Finally, Cary Street Partners Financial LLC increased its holdings in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 14.2% in the 3rd quarter. Cary Street Partners Financial LLC now owns 9,086 shares of the company’s stock worth $233,000 after buying an additional 1,130 shares during the last quarter.

iShares iBonds Dec 2028 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2028. IBMQ was launched on Apr 16, 2019 and is managed by BlackRock.