iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) Shares Shorted: Short Interest Up 216.5% in September

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 172,819 shares, an increase of 216.5% from the September 15th total of 54,609 shares. Based on an average trading volume of 170,031 shares, the short-interest ratio is currently 1.0 days. Approximately 5.0% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Muni Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Community Trust & Investment Co. raised its holdings in iShares iBonds Dec 2030 Term Muni Bond ETF by 108.2% in the 2nd quarter. Community Trust & Investment Co. now owns 381,639 shares of the company’s stock worth $9,873,000 after purchasing an additional 198,355 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Muni Bond ETF during the 3rd quarter valued at $148,000. Parallel Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 16,344 shares of the company’s stock valued at $422,000 after buying an additional 634 shares in the last quarter. Praetorian Wealth Management Inc. grew its position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 3.1% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 220,855 shares of the company’s stock worth $5,714,000 after buying an additional 6,617 shares during the period. Finally, Godshalk Welsh Capital Management Inc. grew its position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 13.9% in the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 32,000 shares of the company’s stock worth $827,000 after buying an additional 3,900 shares during the period.

iShares iBonds Dec 2030 Term Muni Bond ETF Trading Up 0.2%

Shares of IBMS stock opened at $25.22 on Wednesday. The stock has a 50 day moving average price of $25.45 and a two-hundred day moving average price of $25.71. iShares iBonds Dec 2030 Term Muni Bond ETF has a fifty-two week low of $24.85 and a fifty-two week high of $26.41.

About iShares iBonds Dec 2030 Term Muni Bond ETF

The iShares iBonds Dec 2030 Term Muni Bond ETF (IBMS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2030 IBMS was launched on May 22, 2024 and is issued by BlackRock.