Short Interest in iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Expands By 105.1%

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 229,135 shares, a growth of 105.1% from the November 30th total of 111,714 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 385,756 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 385,756 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are short sold.

iShares iBonds Dec 2032 Term Corporate ETF Stock Up 0.1%

Shares of NYSEARCA IBDX traded up $0.02 on Friday, hitting $25.57. The company’s stock had a trading volume of 290,316 shares, compared to its average volume of 236,828. The stock has a 50 day moving average of $25.59 and a 200-day moving average of $25.44. iShares iBonds Dec 2032 Term Corporate ETF has a 12-month low of $24.05 and a 12-month high of $26.77.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

Several hedge funds have recently made changes to their positions in IBDX. CNB Bank purchased a new position in iShares iBonds Dec 2032 Term Corporate ETF during the third quarter worth about $66,000. Crews Bank & Trust acquired a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter valued at about $77,000. Jupiter Wealth Management LLC acquired a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 2nd quarter valued at about $130,000. Bank of New Hampshire lifted its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 603.0% during the 2nd quarter. Bank of New Hampshire now owns 7,030 shares of the company’s stock worth $178,000 after acquiring an additional 6,030 shares during the period. Finally, Sarver Vrooman Wealth Advisors boosted its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 594.1% in the second quarter. Sarver Vrooman Wealth Advisors now owns 7,288 shares of the company’s stock worth $184,000 after acquiring an additional 6,238 shares during the last quarter.

About iShares iBonds Dec 2032 Term Corporate ETF

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) 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 January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.