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

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 120,841 shares, a decrease of 37.1% from the July 15th total of 192,215 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 513,370 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Corporate ETF

Large investors have recently modified their holdings of the company. MTM Investment Management LLC bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF during the 1st quarter worth approximately $36,000. Ballast Advisors LLC purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 1st quarter worth approximately $40,000. High Note Wealth LLC bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at $105,000. BOKF NA bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at $126,000. Finally, Bogart Wealth LLC grew its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 48.6% during the 1st quarter. Bogart Wealth LLC now owns 8,457 shares of the company’s stock valued at $197,000 after purchasing an additional 2,764 shares in the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

NYSEARCA IBDU remained flat at $23.07 during trading hours on Tuesday. The company’s stock had a trading volume of 661,352 shares, compared to its average volume of 717,878. iShares iBonds Dec 2029 Term Corporate ETF has a fifty-two week low of $22.98 and a fifty-two week high of $23.65. The company’s 50 day moving average is $23.08 and its 200 day moving average is $23.21.

About iShares iBonds Dec 2029 Term Corporate ETF

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.