iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Shares Shorted: Short Interest Down 40.9% in September

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 217,650 shares, a drop of 40.9% from the September 15th total of 368,488 shares. Based on an average daily trading volume, of 831,392 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IBDW. Sarver Vrooman Wealth Advisors purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 3rd quarter worth approximately $45,444,000. Bullock Wealth Management Group purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the third quarter valued at approximately $1,505,000. Bank of New Hampshire purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the third quarter valued at approximately $1,213,000. Peloton Wealth Strategists lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 22.3% in the fourth quarter. Peloton Wealth Strategists now owns 246,350 shares of the company’s stock valued at $5,210,000 after purchasing an additional 45,000 shares during the last quarter. Finally, Godshalk Welsh Capital Management Inc. grew its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 225.7% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 62,050 shares of the company’s stock valued at $1,299,000 after purchasing an additional 43,000 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Stock Up 0.0%

Shares of IBDW stock opened at $20.09 on Thursday. iShares iBonds Dec 2031 Term Corporate ETF has a 52 week low of $19.93 and a 52 week high of $21.44. The firm’s 50-day simple moving average is $20.36 and its two-hundred day simple moving average is $20.65.

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.