iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Update

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 368,488 shares, a growth of 154.9% from the August 31st total of 144,588 shares. Based on an average trading volume of 672,626 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are short sold.

iShares iBonds Dec 2031 Term Corporate ETF Trading Up 0.1%

Shares of IBDW traded up $0.03 during midday trading on Friday, hitting $20.13. The stock had a trading volume of 683,703 shares, compared to its average volume of 575,242. The stock’s 50 day moving average is $20.51 and its 200 day moving average is $20.73. iShares iBonds Dec 2031 Term Corporate ETF has a 1 year low of $20.08 and a 1 year high of $21.46.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ballast Advisors LLC bought a new stake in iShares iBonds Dec 2031 Term Corporate ETF in the first 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 valued at approximately $63,000. Harbor Investment Advisory LLC raised its holdings 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 buying an additional 2,916 shares during the period. Bogart Wealth LLC raised its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 48.6% in the first quarter. Bogart Wealth LLC now owns 9,346 shares of the company’s stock worth $196,000 after buying an additional 3,055 shares during the period. Finally, Dearborn Partners LLC bought a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 4th quarter worth approximately $206,000.

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.