iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Sees Large Decrease in Short Interest

iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 5,882 shares, a decrease of 84.2% from the May 31st total of 37,342 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 189,550 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On iShares iBonds Dec 2034 Term Corporate ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Janney Montgomery Scott LLC bought a new position in iShares iBonds Dec 2034 Term Corporate ETF in the 4th quarter valued at $5,777,000. Arrow Financial Corp increased its stake in iShares iBonds Dec 2034 Term Corporate ETF by 39.4% in the fourth quarter. Arrow Financial Corp now owns 400,877 shares of the company’s stock worth $10,571,000 after purchasing an additional 113,245 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of iShares iBonds Dec 2034 Term Corporate ETF during the third quarter worth $2,137,000. Lyell Wealth Management LP lifted its position in shares of iShares iBonds Dec 2034 Term Corporate ETF by 366.1% during the fourth quarter. Lyell Wealth Management LP now owns 82,610 shares of the company’s stock worth $2,178,000 after purchasing an additional 64,885 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares iBonds Dec 2034 Term Corporate ETF during the third quarter valued at $1,109,000.

iShares iBonds Dec 2034 Term Corporate ETF Stock Performance

iShares iBonds Dec 2034 Term Corporate ETF stock traded up $0.03 during midday trading on Friday, reaching $26.11. The stock had a trading volume of 84,374 shares, compared to its average volume of 208,528. iShares iBonds Dec 2034 Term Corporate ETF has a 52-week low of $25.64 and a 52-week high of $27.48. The company has a fifty day moving average of $26.01 and a 200 day moving average of $26.22.

About iShares iBonds Dec 2034 Term Corporate ETF

The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) 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, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.