iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Short Interest Up 698.0% in April

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 77,072 shares, a growth of 698.0% from the April 15th total of 9,658 shares. Based on an average trading volume of 46,948 shares, the short-interest ratio is currently 1.6 days. Approximately 0.8% of the shares of the stock are sold short.

Institutional Trading of iShares iBonds Dec 2029 Term Muni Bond ETF

A number of large investors have recently made changes to their positions in the stock. HORAN Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the first quarter valued at $217,000. Parallel Advisors LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 18.5% during the first quarter. Parallel Advisors LLC now owns 27,435 shares of the company’s stock valued at $695,000 after acquiring an additional 4,274 shares during the last quarter. Spinnaker Trust boosted its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 35.2% during the first quarter. Spinnaker Trust now owns 61,223 shares of the company’s stock valued at $1,552,000 after acquiring an additional 15,952 shares during the last quarter. Matthew Goff Investment Advisor LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the first quarter valued at $2,892,000. Finally, NewEdge Advisors LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 2.0% during the fourth quarter. NewEdge Advisors LLC now owns 85,690 shares of the company’s stock valued at $2,179,000 after acquiring an additional 1,667 shares during the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

iShares iBonds Dec 2029 Term Muni Bond ETF stock remained flat at $25.30 during trading hours on Wednesday. The company’s stock had a trading volume of 26,899 shares, compared to its average volume of 69,634. iShares iBonds Dec 2029 Term Muni Bond ETF has a 12 month low of $24.86 and a 12 month high of $25.77. The firm has a fifty day simple moving average of $25.41 and a two-hundred day simple moving average of $25.47.

About iShares iBonds Dec 2029 Term Muni Bond ETF

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) 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 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.