iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Short Interest Update

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 385,929 shares, a growth of 101.0% from the April 15th total of 191,989 shares. Based on an average trading volume of 662,145 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Large investors have recently modified their holdings of the stock. High Note Wealth LLC bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 3rd quarter valued at about $29,000. Birchwood Financial Partners Inc. bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter valued at about $50,000. Burkett Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter valued at about $61,000. Ascentis Independent Advisors bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 1st quarter valued at about $85,000. Finally, Front Row Advisors LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 250.0% during the 3rd quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock valued at $102,000 after purchasing an additional 3,000 shares in the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of IBDS stock traded down $0.01 during mid-day trading on Friday, reaching $24.18. The stock had a trading volume of 404,247 shares, compared to its average volume of 655,306. The stock’s 50-day moving average price is $24.20 and its two-hundred day moving average price is $24.26. iShares iBonds Dec 2027 Term Corporate ETF has a 52-week low of $24.05 and a 52-week high of $24.38.

About iShares iBonds Dec 2027 Term Corporate ETF

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.