iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Significant Drop in Short Interest

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 106,645 shares, a decrease of 61.9% from the June 30th total of 280,137 shares. Based on an average daily volume of 779,072 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

Shares of iShares iBonds Dec 2027 Term Corporate ETF stock opened at $24.18 on Monday. The stock has a 50 day moving average price of $24.18 and a 200-day moving average price of $24.22. iShares iBonds Dec 2027 Term Corporate ETF has a one year low of $24.12 and a one year high of $24.38.

Institutional Trading of iShares iBonds Dec 2027 Term Corporate ETF

Institutional investors have recently bought and sold shares of the stock. Birchwood Financial Partners Inc. bought a new position in iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter valued at $50,000. Ascentis Independent Advisors bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the 1st quarter worth about $85,000. Front Row Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 250.0% in the 3rd quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock worth $102,000 after acquiring an additional 3,000 shares during the last quarter. BOKF NA purchased a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth about $126,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth about $131,000.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.