Short Interest in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Increases By 305.6%

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 518,137 shares, an increase of 305.6% from the December 15th total of 127,741 shares. Based on an average daily volume of 1,433,533 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 1,433,533 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBDV. CNB Bank acquired a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF in the 3rd quarter valued at $64,000. Bank of Jackson Hole Trust increased its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 32.0% in the second quarter. Bank of Jackson Hole Trust now owns 4,482 shares of the company’s stock valued at $99,000 after buying an additional 1,086 shares during the last quarter. Princeton Global Asset Management LLC increased its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 501.2% in the second quarter. Princeton Global Asset Management LLC now owns 4,840 shares of the company’s stock valued at $106,000 after buying an additional 4,035 shares during the last quarter. JDM Financial Group LLC acquired a new stake in iShares iBonds Dec 2030 Term Corporate ETF in the third quarter valued at $141,000. Finally, Harbor Investment Advisory LLC lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 690.8% during the 2nd quarter. Harbor Investment Advisory LLC now owns 7,908 shares of the company’s stock worth $174,000 after buying an additional 6,908 shares during the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

Shares of IBDV traded up $0.04 during midday trading on Tuesday, hitting $22.10. The company had a trading volume of 530,323 shares, compared to its average volume of 893,417. iShares iBonds Dec 2030 Term Corporate ETF has a 1 year low of $21.09 and a 1 year high of $22.41. The company’s 50-day simple moving average is $22.09 and its 200-day simple moving average is $22.06.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.