iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Short Interest Update

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 191,308 shares, an increase of 164.8% from the August 15th total of 72,253 shares. Based on an average trading volume of 1,059,440 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 201.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 160,004 shares of the company’s stock worth $3,755,000 after buying an additional 107,010 shares during the period. Flow Traders U.S. LLC bought a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the third quarter worth $207,000. Integrated Wealth Concepts LLC grew its stake in iShares iBonds Dec 2029 Term Corporate ETF by 6.2% during the third quarter. Integrated Wealth Concepts LLC now owns 40,678 shares of the company’s stock valued at $955,000 after acquiring an additional 2,374 shares in the last quarter. United Capital Financial Advisors LLC increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 23.3% in the 3rd quarter. United Capital Financial Advisors LLC now owns 115,377 shares of the company’s stock valued at $2,708,000 after acquiring an additional 21,829 shares during the last quarter. Finally, American Trust bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter valued at $537,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Down 0.0%

Shares of IBDU stock opened at $22.81 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a 12 month low of $22.80 and a 12 month high of $23.65. The company has a 50 day simple moving average of $23.03 and a two-hundred day simple moving average of $23.15.

iShares iBonds Dec 2029 Term Corporate ETF Company Profile

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) 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, 2029. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.