Short Interest in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Expands By 251.7%

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 242,122 shares, an increase of 251.7% from the June 15th total of 68,849 shares. Based on an average daily volume of 772,250 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

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

A number of institutional investors have recently made changes to their positions in IBDV. RVW Wealth LLC boosted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 8.6% during the second quarter. RVW Wealth LLC now owns 1,309,276 shares of the company’s stock valued at $28,542,000 after acquiring an additional 103,166 shares during the last quarter. NewEdge Advisors LLC raised its stake in iShares iBonds Dec 2030 Term Corporate ETF by 19.5% in the 4th quarter. NewEdge Advisors LLC now owns 1,134,774 shares of the company’s stock valued at $25,044,000 after purchasing an additional 185,274 shares during the last quarter. Arrow Financial Corp lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 3.6% in the 4th quarter. Arrow Financial Corp now owns 667,192 shares of the company’s stock valued at $14,725,000 after purchasing an additional 23,165 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 20.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 541,787 shares of the company’s stock valued at $11,860,000 after purchasing an additional 90,623 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 1,050.5% in the 4th quarter. Captrust Financial Advisors now owns 467,361 shares of the company’s stock valued at $10,315,000 after purchasing an additional 426,739 shares in the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Trading Up 0.2%

Shares of iShares iBonds Dec 2030 Term Corporate ETF stock traded up $0.05 during trading on Tuesday, hitting $21.65. 482,521 shares of the company were exchanged, compared to its average volume of 747,959. iShares iBonds Dec 2030 Term Corporate ETF has a fifty-two week low of $21.59 and a fifty-two week high of $22.41. The firm has a 50 day moving average price of $21.75 and a 200 day moving average price of $21.92.

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.