iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Stock Short Interest Rises 225.8%

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 133,552 shares, a growth of 225.8% from the October 15th total of 40,996 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 631,705 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Lyell Wealth Management LP increased its position in iShares iBonds Dec 2027 Term Corporate ETF by 17.4% in the 3rd quarter. Lyell Wealth Management LP now owns 695,820 shares of the company’s stock valued at $16,783,000 after acquiring an additional 103,007 shares during the period. Parallel Advisors LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 16.6% during the third quarter. Parallel Advisors LLC now owns 409,570 shares of the company’s stock valued at $9,879,000 after acquiring an additional 58,444 shares during the last quarter. RVW Wealth LLC raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 4.5% during the second quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock valued at $30,816,000 after acquiring an additional 54,404 shares during the last quarter. Beaumont Financial Advisors LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the first quarter worth $1,201,000. Finally, Roble Belko & Company Inc lifted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 42.1% during the second quarter. Roble Belko & Company Inc now owns 118,468 shares of the company’s stock worth $2,869,000 after purchasing an additional 35,097 shares during the period.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

Shares of IBDS stock traded down $0.01 during mid-day trading on Friday, reaching $24.08. 650,322 shares of the stock traded hands, compared to its average volume of 637,811. The stock’s fifty day simple moving average is $24.11 and its two-hundred day simple moving average is $24.18. iShares iBonds Dec 2027 Term Corporate ETF has a 1-year low of $23.97 and a 1-year high of $24.37.

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.