iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Short Interest Down 41.2% in July

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 32,484 shares, a decline of 41.2% from the June 30th total of 55,284 shares. Based on an average daily trading volume, of 179,741 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

iShares iBonds Dec 2033 Term Corporate ETF Stock Up 0.2%

Shares of NYSEARCA:IBDY traded up $0.04 during trading on Thursday, reaching $25.38. The company’s stock had a trading volume of 257,258 shares, compared to its average volume of 237,250. iShares iBonds Dec 2033 Term Corporate ETF has a 12 month low of $25.28 and a 12 month high of $26.52. The firm’s 50 day simple moving average is $25.62 and its two-hundred day simple moving average is $25.87.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Several institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 18,185.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 146,649 shares of the company’s stock worth $3,799,000 after purchasing an additional 145,847 shares during the period. Jupiter Wealth Management LLC purchased a new stake in iShares iBonds Dec 2033 Term Corporate ETF during the 2nd quarter valued at $120,000. Ameriprise Financial Inc. lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 1,637.7% in the second quarter. Ameriprise Financial Inc. now owns 175,946 shares of the company’s stock worth $4,559,000 after buying an additional 165,821 shares during the last quarter. Evergreen Private Wealth LLC lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 6.1% in the fourth quarter. Evergreen Private Wealth LLC now owns 133,371 shares of the company’s stock worth $3,486,000 after buying an additional 7,612 shares during the last quarter. Finally, Arrow Financial Corp boosted its stake in iShares iBonds Dec 2033 Term Corporate ETF by 0.8% during the fourth quarter. Arrow Financial Corp now owns 555,895 shares of the company’s stock worth $14,531,000 after buying an additional 4,543 shares during the period.

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.