iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Update

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 283,986 shares, a growth of 101.9% from the July 15th total of 140,687 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 519,278 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Captrust Financial Advisors boosted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 1,050.5% in the 4th quarter. Captrust Financial Advisors now owns 467,361 shares of the company’s stock worth $10,315,000 after buying an additional 426,739 shares during the period. NewEdge Advisors LLC raised its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 37.9% during the third quarter. NewEdge Advisors LLC now owns 949,500 shares of the company’s stock valued at $21,031,000 after acquiring an additional 260,892 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 162.4% during the third quarter. JPMorgan Chase & Co. now owns 304,382 shares of the company’s stock valued at $6,742,000 after acquiring an additional 188,371 shares during the period. RVW Wealth LLC lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 8.6% in the second quarter. RVW Wealth LLC now owns 1,309,276 shares of the company’s stock valued at $28,542,000 after acquiring an additional 103,166 shares in the last quarter. Finally, Atlantic Union Bankshares Corp lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 37.1% in the fourth quarter. Atlantic Union Bankshares Corp now owns 362,828 shares of the company’s stock valued at $8,008,000 after acquiring an additional 98,125 shares in the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

NYSEARCA IBDV opened at $21.63 on Monday. The business’s fifty day moving average is $21.68 and its 200 day moving average is $21.85. iShares iBonds Dec 2030 Term Corporate ETF has a fifty-two week low of $21.55 and a fifty-two week high of $22.41.

About iShares iBonds Dec 2030 Term Corporate ETF

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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 Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.