Short Interest in iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Grows By 75.7%

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 46,541 shares, a growth of 75.7% from the May 31st total of 26,491 shares. Based on an average daily volume of 79,635 shares, the short-interest ratio is currently 0.6 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Trading of iShares iBonds Dec 2029 Term Muni Bond ETF

A number of institutional investors have recently added to or reduced their stakes in IBMR. HORAN Wealth LLC bought a new stake in iShares iBonds Dec 2029 Term Muni Bond ETF in the first quarter worth approximately $217,000. Crews Bank & Trust increased its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 2.3% during the fourth quarter. Crews Bank & Trust now owns 18,125 shares of the company’s stock worth $461,000 after buying an additional 415 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 4.3% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 20,497 shares of the company’s stock worth $521,000 after buying an additional 853 shares during the last quarter. 10Elms LLP raised its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 3.6% during the third quarter. 10Elms LLP now owns 20,400 shares of the company’s stock valued at $521,000 after buying an additional 700 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 14.4% in the fourth quarter. Parallel Advisors LLC now owns 23,161 shares of the company’s stock worth $589,000 after buying an additional 2,911 shares during the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Trading Down 0.2%

Shares of iShares iBonds Dec 2029 Term Muni Bond ETF stock opened at $25.34 on Thursday. The stock has a 50-day simple moving average of $25.34 and a 200-day simple moving average of $25.45. iShares iBonds Dec 2029 Term Muni Bond ETF has a 52-week low of $25.16 and a 52-week high of $25.77.

About iShares iBonds Dec 2029 Term Muni Bond ETF

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.