iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Short Interest Update

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 99,324 shares, a decrease of 74.3% from the April 30th total of 385,929 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 741,025 shares, the days-to-cover ratio is presently 0.1 days.

iShares iBonds Dec 2027 Term Corporate ETF Stock Up 0.1%

Shares of IBDS stock traded up $0.02 on Friday, reaching $24.25. The company had a trading volume of 281,338 shares, compared to its average volume of 640,611. The business’s 50-day moving average is $24.20 and its 200 day moving average is $24.26. iShares iBonds Dec 2027 Term Corporate ETF has a one year low of $24.05 and a one year high of $24.38.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Front Row Advisors LLC raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 39.3% in the 1st quarter. Front Row Advisors LLC now owns 5,850 shares of the company’s stock valued at $142,000 after buying an additional 1,650 shares during the last quarter. Arkadios Wealth Advisors bought a new position in iShares iBonds Dec 2027 Term Corporate ETF during the 1st quarter worth approximately $757,000. Reliant Wealth Planning raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 0.8% during the 1st quarter. Reliant Wealth Planning now owns 56,564 shares of the company’s stock worth $1,371,000 after purchasing an additional 452 shares during the last quarter. Godshalk Welsh Capital Management Inc. raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 12.3% during the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 125,335 shares of the company’s stock worth $3,038,000 after purchasing an additional 13,710 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 8.7% during the 1st quarter. Parallel Advisors LLC now owns 283,652 shares of the company’s stock worth $6,876,000 after purchasing an additional 22,629 shares during the last quarter.

About iShares iBonds Dec 2027 Term Corporate ETF

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.