iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Stock Short Interest Falls 78.8%

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 15,305 shares, a decrease of 78.8% from the September 15th total of 72,215 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 210,300 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Muni Bond ETF

Several hedge funds have recently made changes to their positions in IBMQ. Matthew Goff Investment Advisor LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the 1st quarter worth approximately $3,410,000. Confluence Investment Management LLC bought a new stake in iShares iBonds Dec 2028 Term Muni Bond ETF in the 3rd quarter worth about $797,000. O Domhnaill Enterprises Inc. bought a new stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the first quarter worth approximately $668,000. Gould Asset Management LLC CA bought a new stake in iShares iBonds Dec 2028 Term Muni Bond ETF in the 4th quarter worth approximately $547,000. Finally, Godshalk Welsh Capital Management Inc. increased its position in iShares iBonds Dec 2028 Term Muni Bond ETF by 33.1% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 47,000 shares of the company’s stock valued at $1,200,000 after acquiring an additional 11,700 shares during the last quarter.

iShares iBonds Dec 2028 Term Muni Bond ETF Stock Performance

BATS IBMQ opened at $25.18 on Tuesday. iShares iBonds Dec 2028 Term Muni Bond ETF has a twelve month low of $24.97 and a twelve month high of $25.80. The stock’s 50-day simple moving average is $25.36 and its two-hundred day simple moving average is $25.46.

About iShares iBonds Dec 2028 Term Muni Bond ETF

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.