Short Interest in iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Declines By 30.3%

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 52,081 shares, a drop of 30.3% from the January 15th total of 74,673 shares. Based on an average daily volume of 351,666 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 351,666 shares, the short-interest ratio is currently 0.1 days.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

NYSEARCA:IBDX traded up $0.08 during trading hours on Friday, hitting $25.74. 300,355 shares of the stock traded hands, compared to its average volume of 377,632. The firm has a 50 day moving average price of $25.55 and a 200 day moving average price of $25.56. iShares iBonds Dec 2032 Term Corporate ETF has a fifty-two week low of $24.05 and a fifty-two week high of $26.77.

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

Several hedge funds have recently bought and sold shares of IBDX. Integrated Wealth Concepts LLC boosted its position in iShares iBonds Dec 2032 Term Corporate ETF by 7.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 16,732 shares of the company’s stock worth $418,000 after acquiring an additional 1,214 shares during the period. Lyell Wealth Management LP lifted its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 1.5% in the second quarter. Lyell Wealth Management LP now owns 218,025 shares of the company’s stock worth $5,513,000 after purchasing an additional 3,150 shares in the last quarter. Sonata Capital Group Inc. acquired a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF during the second quarter worth approximately $303,000. Roble Belko & Company Inc grew its position in iShares iBonds Dec 2032 Term Corporate ETF by 44.1% during the second quarter. Roble Belko & Company Inc now owns 10,247 shares of the company’s stock valued at $259,000 after purchasing an additional 3,134 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF in the 2nd quarter valued at approximately $5,561,000.

iShares iBonds Dec 2032 Term Corporate ETF Company Profile

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.