iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) Stock Short Interest Report for September

iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 51,959 shares, a growth of 62.1% from the September 15th total of 32,059 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 107,875 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On iShares iBonds Dec 2035 Term Corporate ETF

Several institutional investors have recently made changes to their positions in the stock. Adirondack Trust Co. acquired a new stake in iShares iBonds Dec 2035 Term Corporate ETF during the third quarter worth approximately $2,314,000. Parallel Advisors LLC increased its stake in iShares iBonds Dec 2035 Term Corporate ETF by 64.4% during the 1st quarter. Parallel Advisors LLC now owns 29,981 shares of the company’s stock worth $769,000 after acquiring an additional 11,743 shares during the period. Arkadios Wealth Advisors bought a new position in iShares iBonds Dec 2035 Term Corporate ETF during the 1st quarter worth $256,000. Bogart Wealth LLC raised its holdings in iShares iBonds Dec 2035 Term Corporate ETF by 100.5% in the 1st quarter. Bogart Wealth LLC now owns 1,153 shares of the company’s stock valued at $30,000 after acquiring an additional 578 shares in the last quarter. Finally, Ballast Advisors LLC acquired a new position in iShares iBonds Dec 2035 Term Corporate ETF in the 1st quarter valued at $30,000. 33.75% of the stock is currently owned by institutional investors.

iShares iBonds Dec 2035 Term Corporate ETF Trading Down 0.1%

Shares of NYSEARCA:IBCA traded down $0.02 on Friday, reaching $24.33. 194,806 shares of the company’s stock were exchanged, compared to its average volume of 117,091. The company has a fifty day moving average of $24.62 and a 200-day moving average of $25.19. iShares iBonds Dec 2035 Term Corporate ETF has a twelve month low of $23.86 and a twelve month high of $26.38. The company has a market capitalization of $428.21 million, a price-to-earnings ratio of 30.41 and a beta of 0.17.

iShares iBonds Dec 2035 Term Corporate ETF Company Profile

IBCA provides access to a diversified portfolio of investment-grade corporate bonds that mature between January 1, 2035, and December 15, 2035. The fund combines the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.