Short Interest in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Increases By 89.2%

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 386,177 shares, an increase of 89.2% from the June 30th total of 204,136 shares. Based on an average daily trading volume, of 536,900 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company’s shares are sold short.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDW opened at $20.62 on Thursday. iShares iBonds Dec 2031 Term Corporate ETF has a 52-week low of $20.55 and a 52-week high of $21.78. The firm has a 50 day moving average price of $20.75 and a two-hundred day moving average price of $20.94.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Ballast Advisors LLC acquired a new position in iShares iBonds Dec 2031 Term Corporate ETF during the 1st quarter worth about $30,000. Ascentis Independent Advisors bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF during the first quarter worth about $63,000. BOKF NA bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF during the fourth quarter worth about $69,000. Harbor Investment Advisory LLC lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 95.1% in the first quarter. Harbor Investment Advisory LLC now owns 5,981 shares of the company’s stock worth $125,000 after acquiring an additional 2,916 shares during the period. Finally, Bogart Wealth LLC lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 19.9% in the fourth quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock worth $133,000 after acquiring an additional 1,043 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

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.