iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Significant Decrease in Short Interest

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 205,261 shares, a decline of 12.4% from the February 12th total of 234,321 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 589,045 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 589,045 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

Institutional investors have recently added to or reduced their stakes in the business. FourThought Financial Partners LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 2nd quarter valued at about $371,000. Peloton Wealth Strategists increased its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 5.7% in the second quarter. Peloton Wealth Strategists now owns 289,000 shares of the company’s stock worth $6,352,000 after purchasing an additional 15,500 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF in the second quarter worth approximately $2,368,000. Bank of New Hampshire increased its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 1.6% in the third quarter. Bank of New Hampshire now owns 44,965 shares of the company’s stock worth $996,000 after purchasing an additional 725 shares during the last quarter. Finally, InvesTrust purchased a new stake in iShares iBonds Dec 2030 Term Corporate ETF in the third quarter valued at approximately $303,000.

iShares iBonds Dec 2030 Term Corporate ETF Trading Down 0.1%

Shares of iShares iBonds Dec 2030 Term Corporate ETF stock traded down $0.03 during trading on Wednesday, hitting $21.91. The stock had a trading volume of 435,232 shares, compared to its average volume of 809,425. iShares iBonds Dec 2030 Term Corporate ETF has a 12 month low of $21.09 and a 12 month high of $22.41. The business’s 50-day moving average is $22.10 and its 200 day moving average is $22.11.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

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.