iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Short Interest Update

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 102,447 shares, a growth of 124.4% from the May 14th total of 45,660 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 176,837 shares, the short-interest ratio is currently 0.6 days.

iShares iBonds Dec 2033 Term Corporate ETF Price Performance

Shares of IBDY opened at $25.70 on Friday. iShares iBonds Dec 2033 Term Corporate ETF has a one year low of $25.42 and a one year high of $26.52. The stock has a 50-day moving average price of $25.79 and a 200 day moving average price of $26.01.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IBDY. Bogart Wealth LLC boosted its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 431.5% in the first quarter. Bogart Wealth LLC now owns 3,040 shares of the company’s stock valued at $79,000 after purchasing an additional 2,468 shares during the last quarter. Jupiter Wealth Management LLC bought a new position in iShares iBonds Dec 2033 Term Corporate ETF during the 2nd quarter worth approximately $120,000. 10Elms LLP lifted its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 275.0% during the 3rd quarter. 10Elms LLP now owns 5,250 shares of the company’s stock worth $138,000 after buying an additional 3,850 shares during the last quarter. Dearborn Partners LLC bought a new position in iShares iBonds Dec 2033 Term Corporate ETF during the 4th quarter worth approximately $206,000. Finally, Bessemer Group Inc. bought a new position in iShares iBonds Dec 2033 Term Corporate ETF during the 1st quarter worth approximately $241,000.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.