iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Short Interest Update

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 153,397 shares, an increase of 882.6% from the June 15th total of 15,611 shares. Based on an average daily volume of 248,395 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.

iShares iBonds Dec 2032 Term Corporate ETF Trading Down 0.1%

iShares iBonds Dec 2032 Term Corporate ETF stock traded down $0.03 during mid-day trading on Friday, hitting $24.97. The company’s stock had a trading volume of 151,073 shares, compared to its average volume of 274,619. iShares iBonds Dec 2032 Term Corporate ETF has a twelve month low of $24.89 and a twelve month high of $26.77. The stock’s fifty day moving average price is $25.11 and its two-hundred day moving average price is $25.35.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

Hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. purchased a new position in iShares iBonds Dec 2032 Term Corporate ETF in the 3rd quarter worth about $1,283,000. Confluence Investment Management LLC purchased a new stake in iShares iBonds Dec 2032 Term Corporate ETF during the fourth quarter valued at about $7,611,000. Praetorian Wealth Management Inc. acquired a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF in the fourth quarter worth about $2,205,000. Atlantic Union Bankshares Corp increased its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 36.8% in the fourth quarter. Atlantic Union Bankshares Corp now owns 315,958 shares of the company’s stock worth $8,066,000 after acquiring an additional 85,012 shares in the last quarter. Finally, Peloton Wealth Strategists increased its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 68.8% in the fourth quarter. Peloton Wealth Strategists now owns 94,500 shares of the company’s stock worth $2,413,000 after acquiring an additional 38,500 shares in the last quarter.

About iShares iBonds Dec 2032 Term Corporate ETF

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment grade corporate bonds maturing between January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.