iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sees Large Growth in Short Interest

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 133,049 shares, a growth of 21.5% from the February 12th total of 109,500 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 481,307 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 481,307 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IBDW. Harbor Investment Advisory LLC lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 22.6% in the 3rd quarter. Harbor Investment Advisory LLC now owns 3,065 shares of the company’s stock valued at $65,000 after purchasing an additional 565 shares during the last quarter. BOKF NA purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF during the 4th quarter worth $69,000. CNB Bank purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF during the 3rd quarter worth $129,000. Bogart Wealth LLC raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 19.9% during the 4th quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock valued at $133,000 after purchasing an additional 1,043 shares in the last quarter. Finally, Dearborn Partners LLC purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF in the 4th quarter worth $206,000.

iShares iBonds Dec 2031 Term Corporate ETF Trading Up 0.2%

IBDW stock traded up $0.05 during trading on Monday, reaching $20.93. The company’s stock had a trading volume of 429,253 shares, compared to its average volume of 585,717. The company’s fifty day moving average is $21.18 and its 200-day moving average is $21.19. iShares iBonds Dec 2031 Term Corporate ETF has a 1 year low of $20.08 and a 1 year 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.