iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Short Interest Update

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 74,673 shares, a decline of 74.5% from the December 31st total of 292,801 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 349,530 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 349,530 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

Institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its position in iShares iBonds Dec 2032 Term Corporate ETF by 111.2% during the third quarter. Ameriprise Financial Inc. now owns 1,707,594 shares of the company’s stock worth $43,762,000 after buying an additional 899,251 shares during the period. Confluence Investment Management LLC acquired a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 4th quarter valued at about $7,611,000. Atlantic Union Bankshares Corp purchased a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 2nd quarter worth about $5,561,000. Praetorian Wealth Management Inc. acquired a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the fourth quarter worth approximately $2,205,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the third quarter worth approximately $1,283,000.

iShares iBonds Dec 2032 Term Corporate ETF Stock Performance

IBDX stock remained flat at $25.58 during midday trading on Wednesday. 306,834 shares of the company’s stock traded hands, compared to its average volume of 356,385. The business has a 50-day moving average price of $25.56 and a 200-day moving average price of $25.52. iShares iBonds Dec 2032 Term Corporate ETF has a 12-month low of $24.05 and a 12-month high of $26.77.

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.