Short Interest in iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) Rises By 102.9%

iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 40,204 shares, an increase of 102.9% from the April 15th total of 19,811 shares. Based on an average daily volume of 67,813 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the company’s shares are short sold.

iShares iBonds Dec 2035 Term Corporate ETF Price Performance

NYSEARCA IBCA traded down $0.02 during trading on Monday, hitting $25.33. 65,087 shares of the company’s stock traded hands, compared to its average volume of 117,866. The stock has a fifty day moving average of $25.67 and a two-hundred day moving average of $25.89. iShares iBonds Dec 2035 Term Corporate ETF has a 12-month low of $24.69 and a 12-month high of $26.72. The firm has a market cap of $330.56 million, a P/E ratio of 31.66 and a beta of 0.12.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares iBonds Dec 2035 Term Corporate ETF stock. Bogart Wealth LLC grew its holdings in shares of iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) by 100.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,153 shares of the company’s stock after buying an additional 578 shares during the period. Bogart Wealth LLC’s holdings in iShares iBonds Dec 2035 Term Corporate ETF were worth $30,000 as of its most recent SEC filing. Institutional investors own 33.75% of the company’s stock.

iShares iBonds Dec 2035 Term Corporate ETF Company Profile

IBCA provides access to a diversified portfolio of investment-grade corporate bonds that mature between January 1, 2035, and December 15, 2035. The fund combines the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.