iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Up 474.4% in June

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 204,136 shares, an increase of 474.4% from the June 15th total of 35,536 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 873,065 shares, the short-interest ratio is presently 0.2 days.

iShares iBonds Dec 2031 Term Corporate ETF Stock Down 0.2%

NYSEARCA IBDW traded down $0.04 during trading on Friday, reaching $20.68. 416,165 shares of the company traded hands, compared to its average volume of 574,325. The stock’s 50 day moving average price is $20.80 and its two-hundred day moving average price is $20.99. iShares iBonds Dec 2031 Term Corporate ETF has a 1-year low of $20.64 and a 1-year high of $21.78.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Farmers National Bank boosted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 1.3% in the 1st quarter. Farmers National Bank now owns 44,655 shares of the company’s stock valued at $935,000 after buying an additional 590 shares in the last quarter. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 2.9% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 30,911 shares of the company’s stock valued at $647,000 after acquiring an additional 875 shares during the period. Bogart Wealth LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 19.9% during the fourth quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock valued at $133,000 after acquiring an additional 1,043 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 3.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 31,750 shares of the company’s stock valued at $674,000 after purchasing an additional 1,184 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 7.1% in the 4th quarter. Farther Finance Advisors LLC now owns 17,923 shares of the company’s stock valued at $379,000 after purchasing an additional 1,188 shares in the last quarter.

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.