iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sees Large Growth in Short Interest

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 133,049 shares, an increase of 21.5% from the February 12th total of 109,500 shares. Based on an average daily trading volume, of 481,307 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 481,307 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

A number of hedge funds have recently bought and sold shares of the company. Harbor Investment Advisory LLC lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 22.6% in the 3rd quarter. Harbor Investment Advisory LLC now owns 3,065 shares of the company’s stock valued at $65,000 after acquiring an additional 565 shares during the last quarter. BOKF NA bought a new position in iShares iBonds Dec 2031 Term Corporate ETF in the fourth quarter worth about $69,000. CNB Bank purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF during the third quarter valued at $129,000. Bogart Wealth LLC boosted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 19.9% during the fourth quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock worth $133,000 after acquiring an additional 1,043 shares in the last quarter. Finally, Dearborn Partners LLC purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF during the fourth quarter valued at $206,000.

iShares iBonds Dec 2031 Term Corporate ETF Stock Up 0.2%

NYSEARCA:IBDW traded up $0.05 during trading hours on Monday, hitting $20.93. The stock had a trading volume of 429,253 shares, compared to its average volume of 585,717. iShares iBonds Dec 2031 Term Corporate ETF has a one year low of $20.08 and a one year high of $21.78. The company has a 50 day simple moving average of $21.18 and a two-hundred day simple moving average of $21.19.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

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.