iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Short Interest Up 75.4% in February

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 91,325 shares, an increase of 75.4% from the January 29th total of 52,081 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 431,834 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 431,834 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

iShares iBonds Dec 2032 Term Corporate ETF Stock Performance

iShares iBonds Dec 2032 Term Corporate ETF stock traded up $0.07 during trading on Friday, reaching $25.84. 198,759 shares of the company were exchanged, compared to its average volume of 356,071. The stock’s 50 day simple moving average is $25.60 and its two-hundred day simple moving average is $25.58. iShares iBonds Dec 2032 Term Corporate ETF has a 52-week low of $24.05 and a 52-week high of $26.77.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

Hedge funds have recently modified their holdings of the company. Montecito Bank & Trust purchased a new stake in iShares iBonds Dec 2032 Term Corporate ETF in the third quarter valued at $638,000. Flow Traders U.S. LLC grew its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 89.6% during the 2nd quarter. Flow Traders U.S. LLC now owns 62,965 shares of the company’s stock worth $1,592,000 after purchasing an additional 29,756 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 2nd quarter worth about $5,561,000. Roble Belko & Company Inc increased its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 44.1% during the 2nd quarter. Roble Belko & Company Inc now owns 10,247 shares of the company’s stock worth $259,000 after purchasing an additional 3,134 shares during the last quarter. Finally, Bank of New Hampshire raised its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 12.8% in the 3rd quarter. Bank of New Hampshire now owns 7,930 shares of the company’s stock valued at $203,000 after buying an additional 900 shares during the period.

About iShares iBonds Dec 2032 Term Corporate ETF

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.