Short Interest in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Increases By 38.1%

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 380,463 shares, an increase of 38.1% from the December 15th total of 275,446 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 1,415,326 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 1,415,326 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are short sold.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

iShares iBonds Dec 2029 Term Corporate ETF stock traded up $0.01 during trading hours on Friday, reaching $23.42. The stock had a trading volume of 948,596 shares, compared to its average volume of 1,000,954. The business’s 50 day moving average price is $23.42 and its 200-day moving average price is $23.40. iShares iBonds Dec 2029 Term Corporate ETF has a 52 week low of $22.55 and a 52 week high of $23.65.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Rebalance LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 1.6% during the 4th quarter. Rebalance LLC now owns 435,397 shares of the company’s stock valued at $10,190,000 after purchasing an additional 6,662 shares during the last quarter. Praetorian Wealth Management Inc. grew its stake in iShares iBonds Dec 2029 Term Corporate ETF by 10.5% during the 4th quarter. Praetorian Wealth Management Inc. now owns 270,419 shares of the company’s stock worth $6,329,000 after buying an additional 25,593 shares during the last quarter. RVW Wealth LLC increased its position in iShares iBonds Dec 2029 Term Corporate ETF by 12.8% during the 4th quarter. RVW Wealth LLC now owns 1,059,999 shares of the company’s stock valued at $24,809,000 after buying an additional 120,240 shares in the last quarter. Montecito Bank & Trust raised its stake in iShares iBonds Dec 2029 Term Corporate ETF by 25.3% in the fourth quarter. Montecito Bank & Trust now owns 39,620 shares of the company’s stock valued at $927,000 after buying an additional 8,006 shares during the last quarter. Finally, Adirondack Trust Co. raised its stake in iShares iBonds Dec 2029 Term Corporate ETF by 11.0% in the fourth quarter. Adirondack Trust Co. now owns 122,958 shares of the company’s stock valued at $2,877,000 after buying an additional 12,182 shares during the last quarter.

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.