iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Down 52.6% in January

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 245,852 shares, a decline of 52.6% from the December 31st total of 518,137 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 973,155 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 973,155 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

NYSEARCA:IBDV traded up $0.02 during mid-day trading on Friday, reaching $22.15. The stock had a trading volume of 569,619 shares, compared to its average volume of 1,031,761. iShares iBonds Dec 2030 Term Corporate ETF has a one year low of $21.09 and a one year high of $22.41. The firm has a 50 day moving average price of $22.09 and a two-hundred day moving average price of $22.08.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

A number of hedge funds have recently bought and sold shares of IBDV. RVW Wealth LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 4th quarter valued at about $24,567,000. Rebalance LLC acquired a new stake in iShares iBonds Dec 2030 Term Corporate ETF during the fourth quarter worth $10,139,000. NewEdge Advisors LLC raised its position in iShares iBonds Dec 2030 Term Corporate ETF by 37.9% in the third quarter. NewEdge Advisors LLC now owns 949,500 shares of the company’s stock valued at $21,031,000 after purchasing an additional 260,892 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in iShares iBonds Dec 2030 Term Corporate ETF during the 2nd quarter worth approximately $5,734,000. Finally, JPMorgan Chase & Co. lifted its stake in iShares iBonds Dec 2030 Term Corporate ETF by 162.4% in the third quarter. JPMorgan Chase & Co. now owns 304,382 shares of the company’s stock worth $6,742,000 after acquiring an additional 188,371 shares during the last quarter.

About iShares iBonds Dec 2030 Term Corporate ETF

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.