iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sees Significant Decline in Short Interest

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 54,128 shares, a decrease of 77.3% from the April 30th total of 238,394 shares. Based on an average daily trading volume, of 488,550 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Farmers National Bank grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 1.7% in the 4th quarter. Farmers National Bank now owns 44,065 shares of the company’s stock valued at $932,000 after acquiring an additional 724 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 2.9% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 30,911 shares of the company’s stock valued at $647,000 after acquiring an additional 875 shares during the last quarter. Bogart Wealth LLC grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 19.9% in the 4th quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock valued at $133,000 after acquiring an additional 1,043 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 3.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 31,750 shares of the company’s stock valued at $674,000 after acquiring an additional 1,184 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 7.1% in the 4th quarter. Farther Finance Advisors LLC now owns 17,923 shares of the company’s stock valued at $379,000 after acquiring an additional 1,188 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

NYSEARCA:IBDW traded up $0.03 during midday trading on Friday, hitting $20.91. 564,061 shares of the company traded hands, compared to its average volume of 545,319. The firm’s fifty day moving average is $20.89 and its 200-day moving average is $21.07. iShares iBonds Dec 2031 Term Corporate ETF has a 12-month low of $20.57 and a 12-month high of $21.78.

About iShares iBonds Dec 2031 Term Corporate ETF

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.