iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Shares Shorted: Short Interest Down 40.9% in September

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 217,650 shares, a drop of 40.9% from the September 15th total of 368,488 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 831,392 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Farmers National Bank boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 1.3% in the first quarter. Farmers National Bank now owns 44,655 shares of the company’s stock worth $935,000 after purchasing an additional 590 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its stake in iShares iBonds Dec 2031 Term Corporate ETF by 2.9% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 30,911 shares of the company’s stock valued at $647,000 after purchasing an additional 875 shares during the period. Ballast Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 1st quarter valued at $30,000. Bank of New Hampshire increased its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 4.6% during the 4th quarter. Bank of New Hampshire now owns 53,990 shares of the company’s stock valued at $1,142,000 after purchasing an additional 2,350 shares during the last quarter. Finally, Beacon Financial Group increased its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 4.0% during the 1st quarter. Beacon Financial Group now owns 74,055 shares of the company’s stock valued at $1,550,000 after purchasing an additional 2,816 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

iShares iBonds Dec 2031 Term Corporate ETF stock opened at $20.09 on Thursday. iShares iBonds Dec 2031 Term Corporate ETF has a 52 week low of $19.93 and a 52 week high of $21.44. The company’s 50 day moving average price is $20.36 and its two-hundred day moving average price is $20.65.

About iShares iBonds Dec 2031 Term Corporate ETF

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.