iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Large Increase in Short Interest

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 292,801 shares, a growth of 27.8% from the December 15th total of 229,135 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 627,408 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 627,408 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the shares of the stock are short sold.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

Shares of iShares iBonds Dec 2032 Term Corporate ETF stock traded down $0.03 during trading hours on Monday, reaching $25.52. 286,709 shares of the company’s stock were exchanged, compared to its average volume of 343,774. The business has a fifty day moving average of $25.56 and a two-hundred day moving average of $25.49. iShares iBonds Dec 2032 Term Corporate ETF has a 1 year low of $24.05 and a 1 year high of $26.77.

Institutional Trading of iShares iBonds Dec 2032 Term Corporate ETF

Several institutional investors have recently made changes to their positions in IBDX. Ameriprise Financial Inc. increased its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 111.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,707,594 shares of the company’s stock worth $43,762,000 after purchasing an additional 899,251 shares during the period. Janney Montgomery Scott LLC grew its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 6.3% during the second quarter. Janney Montgomery Scott LLC now owns 317,816 shares of the company’s stock worth $8,036,000 after buying an additional 18,910 shares in the last quarter. Confluence Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF during the fourth quarter worth approximately $7,611,000. Atlantic Union Bankshares Corp raised its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 5.0% in the third quarter. Atlantic Union Bankshares Corp now owns 230,946 shares of the company’s stock valued at $5,917,000 after acquiring an additional 10,999 shares in the last quarter. Finally, Lyell Wealth Management LP lifted its stake in iShares iBonds Dec 2032 Term Corporate ETF by 5.9% in the third quarter. Lyell Wealth Management LP now owns 230,925 shares of the company’s stock worth $5,916,000 after acquiring an additional 12,900 shares during the last quarter.

iShares iBonds Dec 2032 Term Corporate ETF Company Profile

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.