iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Short Interest Up 87.4% in December

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 522,186 shares, an increase of 87.4% from the December 15th total of 278,585 shares. Based on an average daily volume of 1,485,186 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 1,485,186 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

Hedge funds have recently bought and sold shares of the company. ADG Wealth Management Group LLC acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the fourth quarter worth $509,000. Rebalance LLC grew its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 86.3% during the 4th quarter. Rebalance LLC now owns 734,069 shares of the company’s stock valued at $18,686,000 after acquiring an additional 340,113 shares during the period. Praetorian Wealth Management Inc. boosted its position in iShares iBonds Dec 2028 Term Corporate ETF by 9.2% during the fourth quarter. Praetorian Wealth Management Inc. now owns 254,734 shares of the company’s stock worth $6,484,000 after purchasing an additional 21,506 shares during the period. Roble Belko & Company Inc grew its stake in iShares iBonds Dec 2028 Term Corporate ETF by 17.1% in the 4th quarter. Roble Belko & Company Inc now owns 26,822 shares of the company’s stock valued at $683,000 after buying an additional 3,926 shares in the last quarter. Finally, RVW Wealth LLC grew its stake in iShares iBonds Dec 2028 Term Corporate ETF by 11.0% during the fourth quarter. RVW Wealth LLC now owns 1,088,657 shares of the company’s stock valued at $27,712,000 after acquiring an additional 108,285 shares in the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

Shares of iShares iBonds Dec 2028 Term Corporate ETF stock traded down $0.02 on Thursday, reaching $25.46. 499,281 shares of the stock were exchanged, compared to its average volume of 851,347. The firm’s 50 day moving average is $25.46 and its 200-day moving average is $25.45. iShares iBonds Dec 2028 Term Corporate ETF has a one year low of $24.81 and a one year high of $25.76.

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.