iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) Sees Significant Growth in Short Interest

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 121,087 shares, an increase of 213.6% from the July 15th total of 38,608 shares. Approximately 3.5% of the shares of the company are short sold. Based on an average daily trading volume, of 52,591 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Muni Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Community Trust & Investment Co. grew its holdings in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 108.2% during the 2nd quarter. Community Trust & Investment Co. now owns 381,639 shares of the company’s stock worth $9,873,000 after acquiring an additional 198,355 shares during the period. Praetorian Wealth Management Inc. boosted its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 3.1% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 220,855 shares of the company’s stock worth $5,714,000 after purchasing an additional 6,617 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 4.0% during the first quarter. Parallel Advisors LLC now owns 16,344 shares of the company’s stock valued at $422,000 after buying an additional 634 shares during the last quarter. Godshalk Welsh Capital Management Inc. boosted its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 13.9% during the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 32,000 shares of the company’s stock valued at $827,000 after purchasing an additional 3,900 shares during the last quarter. Finally, Spinnaker Trust increased its holdings in iShares iBonds Dec 2030 Term Muni Bond ETF by 36.0% in the 1st quarter. Spinnaker Trust now owns 31,528 shares of the company’s stock worth $814,000 after buying an additional 8,345 shares in the last quarter.

iShares iBonds Dec 2030 Term Muni Bond ETF Trading Down 0.0%

BATS IBMS opened at $25.77 on Friday. The company’s 50 day simple moving average is $25.80 and its two-hundred day simple moving average is $25.95. iShares iBonds Dec 2030 Term Muni Bond ETF has a 1 year low of $25.59 and a 1 year high of $26.41.

iShares iBonds Dec 2030 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2030 Term Muni Bond ETF (IBMS) 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 2030 IBMS was launched on May 22, 2024 and is issued by BlackRock.