Short Interest in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Increases By 29.7%

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 244,521 shares, an increase of 29.7% from the November 30th total of 188,461 shares. Based on an average daily volume of 412,186 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 412,186 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Sarver Vrooman Wealth Advisors lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 1.4% in the 3rd quarter. Sarver Vrooman Wealth Advisors now owns 2,179,772 shares of the company’s stock worth $46,255,000 after acquiring an additional 29,327 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 32.7% during the third quarter. Ameriprise Financial Inc. now owns 2,076,772 shares of the company’s stock valued at $44,108,000 after buying an additional 511,560 shares during the period. NewEdge Advisors LLC increased its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 30.1% in the 3rd quarter. NewEdge Advisors LLC now owns 1,136,720 shares of the company’s stock valued at $24,121,000 after acquiring an additional 262,710 shares during the period. Janney Montgomery Scott LLC raised its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 5.4% in the second quarter. Janney Montgomery Scott LLC now owns 386,395 shares of the company’s stock worth $8,130,000 after purchasing an additional 19,817 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 122.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 319,029 shares of the company’s stock worth $6,770,000 after acquiring an additional 175,548 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

Shares of IBDW traded down $0.01 on Tuesday, reaching $21.19. The company’s stock had a trading volume of 356,562 shares, compared to its average volume of 349,654. The stock’s 50 day simple moving average is $21.18 and its two-hundred day simple moving average is $21.11. iShares iBonds Dec 2031 Term Corporate ETF has a 12-month low of $20.08 and a 12-month high of $21.78.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.