iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Significant Drop in Short Interest

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 106,645 shares, a decrease of 61.9% from the June 30th total of 280,137 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 779,072 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of IBDS. Praetorian Wealth Management Inc. increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 0.5% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 284,709 shares of the company’s stock worth $6,896,000 after purchasing an additional 1,446 shares during the period. RVW Wealth LLC lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 4.5% in the 2nd quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock worth $30,816,000 after buying an additional 54,404 shares during the period. GAMMA Investing LLC grew its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 148.9% during the 2nd quarter. GAMMA Investing LLC now owns 11,928 shares of the company’s stock worth $289,000 after buying an additional 7,135 shares in the last quarter. Harbor Investment Advisory LLC grew its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 6.0% during the 2nd quarter. Harbor Investment Advisory LLC now owns 129,122 shares of the company’s stock worth $3,127,000 after buying an additional 7,294 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in shares of 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 buying an additional 22,629 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of NYSEARCA:IBDS opened at $24.18 on Monday. The firm’s 50 day simple moving average is $24.18 and its 200-day simple moving average is $24.22. iShares iBonds Dec 2027 Term Corporate ETF has a one year low of $24.12 and a one year high of $24.38.

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.