iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Significant Increase in Short Interest

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 292,801 shares, a growth of 27.8% from the December 15th total of 229,135 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 627,408 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 627,408 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the company’s shares are short sold.

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

Institutional investors and hedge funds have recently modified their holdings of the company. CNB Bank acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter worth about $66,000. Crews Bank & Trust acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF in the 3rd quarter valued at about $77,000. Jupiter Wealth Management LLC purchased a new stake in iShares iBonds Dec 2032 Term Corporate ETF during the second quarter worth about $130,000. Bank of New Hampshire increased its stake in iShares iBonds Dec 2032 Term Corporate ETF by 12.8% during the third quarter. Bank of New Hampshire now owns 7,930 shares of the company’s stock worth $203,000 after purchasing an additional 900 shares during the period. Finally, Newman Dignan & Sheerar Inc. acquired a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF during the third quarter worth about $217,000.

iShares iBonds Dec 2032 Term Corporate ETF Stock Down 0.1%

iShares iBonds Dec 2032 Term Corporate ETF stock traded down $0.03 during trading on Friday, hitting $25.52. The company had a trading volume of 286,709 shares, compared to its average volume of 343,774. iShares iBonds Dec 2032 Term Corporate ETF has a 1-year low of $24.05 and a 1-year high of $26.77. The company’s 50 day simple moving average is $25.56 and its 200-day simple moving average is $25.49.

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.