iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Short Interest Update

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 128,513 shares, a decrease of 55.8% from the May 31st total of 290,766 shares. Based on an average daily trading volume, of 694,766 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Farmers National Bank lifted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 2.4% during the first quarter. Farmers National Bank now owns 47,990 shares of the company’s stock worth $1,216,000 after purchasing an additional 1,118 shares during the period. Parallel Advisors LLC increased its stake in iShares iBonds Dec 2028 Term Corporate ETF by 5.0% in the 1st quarter. Parallel Advisors LLC now owns 304,913 shares of the company’s stock valued at $7,723,000 after buying an additional 14,400 shares during the period. Arkadios Wealth Advisors purchased a new position in iShares iBonds Dec 2028 Term Corporate ETF during the 1st quarter worth $257,000. Reliant Wealth Planning lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 0.9% in the 1st quarter. Reliant Wealth Planning now owns 68,697 shares of the company’s stock worth $1,740,000 after acquiring an additional 588 shares during the period. Finally, Godshalk Welsh Capital Management Inc. lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 12.9% in the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 138,850 shares of the company’s stock worth $3,517,000 after acquiring an additional 15,850 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDT traded down $0.01 during midday trading on Tuesday, reaching $25.25. 541,743 shares of the company were exchanged, compared to its average volume of 660,532. iShares iBonds Dec 2028 Term Corporate ETF has a 1 year low of $25.14 and a 1 year high of $25.74. The stock has a fifty day simple moving average of $25.24 and a 200 day simple moving average of $25.35.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.