iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Short Interest Update

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 15,611 shares, a decrease of 93.1% from the May 31st total of 227,656 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 285,219 shares, the days-to-cover ratio is currently 0.1 days.

iShares iBonds Dec 2032 Term Corporate ETF Stock Up 0.1%

Shares of IBDX stock traded up $0.03 during mid-day trading on Friday, hitting $25.23. The stock had a trading volume of 202,689 shares, compared to its average volume of 278,536. iShares iBonds Dec 2032 Term Corporate ETF has a fifty-two week low of $24.89 and a fifty-two week high of $26.77. The company’s 50-day simple moving average is $25.18 and its 200-day simple moving average is $25.38.

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

A number of hedge funds have recently added to or reduced their stakes in IBDX. Ameriprise Financial Inc. boosted its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 111.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,707,594 shares of the company’s stock valued at $43,762,000 after purchasing an additional 899,251 shares in the last quarter. Confluence Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the fourth quarter valued at approximately $7,611,000. Praetorian Wealth Management Inc. acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF during the fourth quarter worth $2,205,000. Atlantic Union Bankshares Corp grew its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 36.8% during the fourth quarter. Atlantic Union Bankshares Corp now owns 315,958 shares of the company’s stock worth $8,066,000 after acquiring an additional 85,012 shares during the period. Finally, Roble Belko & Company Inc raised its position in iShares iBonds Dec 2032 Term Corporate ETF by 917.6% in the first quarter. Roble Belko & Company Inc now owns 72,379 shares of the company’s stock worth $1,829,000 after acquiring an additional 65,266 shares in the last quarter.

About iShares iBonds Dec 2032 Term Corporate ETF

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.