iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Short Interest Update

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 117,006 shares, a decrease of 58.2% from the August 31st total of 279,915 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 648,594 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IBDT. Praetorian Wealth Management Inc. lifted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 1.5% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 275,923 shares of the company’s stock worth $6,967,000 after acquiring an additional 4,106 shares during the last quarter. RVW Wealth LLC raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 4.1% in the 2nd quarter. RVW Wealth LLC now owns 1,206,680 shares of the company’s stock worth $30,469,000 after purchasing an additional 47,454 shares during the period. GAMMA Investing LLC increased its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 149.4% in the second quarter. GAMMA Investing LLC now owns 11,546 shares of the company’s stock worth $292,000 after buying an additional 6,916 shares during the period. Harbor Investment Advisory LLC increased its stake in iShares iBonds Dec 2028 Term Corporate ETF by 6.8% in the 2nd quarter. Harbor Investment Advisory LLC now owns 122,422 shares of the company’s stock worth $3,091,000 after purchasing an additional 7,789 shares during the period. Finally, Farmers National Bank grew its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 2.4% in the 1st quarter. Farmers National Bank now owns 47,990 shares of the company’s stock worth $1,216,000 after acquiring an additional 1,118 shares during the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

Shares of NYSEARCA IBDT opened at $24.94 on Wednesday. The stock’s 50-day moving average is $25.11 and its 200 day moving average is $25.19. iShares iBonds Dec 2028 Term Corporate ETF has a 1-year low of $24.92 and a 1-year high of $25.74.

About iShares iBonds Dec 2028 Term Corporate ETF

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.