iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) Short Interest Up 165.7% in August

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 79,301 shares, an increase of 165.7% from the August 15th total of 29,849 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average daily volume of 50,759 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. 10Elms LLP raised its holdings in iShares iBonds Dec 2030 Term Muni Bond ETF by 20.3% during the fourth quarter. 10Elms LLP now owns 6,820 shares of the company’s stock valued at $178,000 after buying an additional 1,150 shares in the last quarter. FourThought Financial Partners LLC bought a new position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF in the third quarter worth about $200,000. Flow Traders U.S. LLC boosted its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 10.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 11,173 shares of the company’s stock valued at $291,000 after purchasing an additional 1,031 shares during the period. Parallel Advisors LLC grew its holdings in iShares iBonds Dec 2030 Term Muni Bond ETF by 267.7% in the 3rd quarter. Parallel Advisors LLC now owns 12,870 shares of the company’s stock valued at $336,000 after buying an additional 9,370 shares during the last quarter. Finally, JPMorgan Chase & Co. acquired a new position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF during the second quarter worth approximately $573,000.

iShares iBonds Dec 2030 Term Muni Bond ETF Stock Up 0.2%

Shares of IBMS opened at $25.42 on Friday. The company’s 50 day moving average price is $25.71 and its 200 day moving average price is $25.86. iShares iBonds Dec 2030 Term Muni Bond ETF has a 52 week low of $25.34 and a 52 week high of $26.41.

About iShares iBonds Dec 2030 Term Muni Bond ETF

The iShares iBonds Dec 2030 Term Muni Bond ETF (IBMS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2030 IBMS was launched on May 22, 2024 and is issued by BlackRock.