Short Interest in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Declines By 41.9%

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 140,687 shares, a drop of 41.9% from the June 30th total of 242,122 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 893,713 shares, the days-to-cover ratio is presently 0.2 days.

iShares iBonds Dec 2030 Term Corporate ETF Trading Up 0.1%

Shares of NYSEARCA:IBDV traded up $0.02 during trading on Thursday, hitting $21.64. 422,043 shares of the company’s stock traded hands, compared to its average volume of 729,989. The company has a 50-day moving average price of $21.71 and a 200-day moving average price of $21.89. iShares iBonds Dec 2030 Term Corporate ETF has a 52 week low of $21.55 and a 52 week high of $22.41.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IBDV. Gradient Capital Advisors LLC raised its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 1.9% during the fourth quarter. Gradient Capital Advisors LLC now owns 29,999 shares of the company’s stock worth $662,000 after acquiring an additional 564 shares during the period. American Trust increased its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 3.6% during the 4th quarter. American Trust now owns 17,291 shares of the company’s stock worth $382,000 after purchasing an additional 607 shares in the last quarter. Bogart Wealth LLC raised its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 11.1% in the 4th quarter. Bogart Wealth LLC now owns 6,802 shares of the company’s stock valued at $150,000 after purchasing an additional 678 shares during the period. Beacon Financial Group lifted its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 1.1% in the first quarter. Beacon Financial Group now owns 80,196 shares of the company’s stock valued at $1,755,000 after purchasing an additional 895 shares in the last quarter. Finally, High Note Wealth LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF in the fourth quarter valued at about $25,000.

About iShares iBonds Dec 2030 Term Corporate ETF

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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 Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.