iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) Short Interest Up 165.7% in August

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 79,301 shares, an increase of 165.7% from the August 15th total of 29,849 shares. Based on an average daily trading volume, of 50,759 shares, the days-to-cover ratio is currently 1.6 days. Approximately 2.3% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Muni Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Community Trust & Investment Co. lifted its stake in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 108.2% in the second quarter. Community Trust & Investment Co. now owns 381,639 shares of the company’s stock worth $9,873,000 after buying an additional 198,355 shares in the last quarter. Praetorian Wealth Management Inc. boosted its position in iShares iBonds Dec 2030 Term Muni Bond ETF by 3.1% during the second quarter. Praetorian Wealth Management Inc. now owns 220,855 shares of the company’s stock worth $5,714,000 after acquiring an additional 6,617 shares during the last quarter. Godshalk Welsh Capital Management Inc. grew 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 acquiring an additional 3,900 shares in the last quarter. Spinnaker Trust grew its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 36.0% during the 1st quarter. Spinnaker Trust now owns 31,528 shares of the company’s stock valued at $814,000 after acquiring an additional 8,345 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in iShares iBonds Dec 2030 Term Muni Bond ETF by 4.0% in the 1st quarter. Parallel Advisors LLC now owns 16,344 shares of the company’s stock valued at $422,000 after acquiring an additional 634 shares during the last quarter.

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

Shares of IBMS traded down $0.01 during mid-day trading on Tuesday, reaching $25.41. The company had a trading volume of 8,357 shares, compared to its average volume of 63,485. iShares iBonds Dec 2030 Term Muni Bond ETF has a 52-week low of $25.34 and a 52-week high of $26.41. The stock has a 50 day moving average of $25.70 and a two-hundred day moving average of $25.85.

About iShares iBonds Dec 2030 Term Muni Bond ETF

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.