iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Shares Shorted: Short Interest Up 151.5% in October

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 98,799 shares, a growth of 151.5% from the September 30th total of 39,287 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 276,004 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Large investors have recently modified their holdings of the company. Evergreen Private Wealth LLC bought a new position in iShares iBonds Dec 2033 Term Corporate ETF during the 3rd quarter worth $3,647,000. Arrow Financial Corp acquired a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF in the 3rd quarter worth about $14,843,000. Fort Washington Investment Advisors Inc. OH bought a new stake in iShares iBonds Dec 2033 Term Corporate ETF in the 3rd quarter valued at about $697,000. Adirondack Trust Co. bought a new stake in iShares iBonds Dec 2033 Term Corporate ETF in the 3rd quarter valued at about $2,788,000. Finally, Bullock Wealth Management Group acquired a new position in iShares iBonds Dec 2033 Term Corporate ETF during the 3rd quarter valued at about $206,000.

iShares iBonds Dec 2033 Term Corporate ETF Stock Up 0.1%

IBDY traded up $0.03 during trading on Friday, reaching $24.86. 36,566 shares of the stock were exchanged, compared to its average volume of 249,999. iShares iBonds Dec 2033 Term Corporate ETF has a 1 year low of $24.28 and a 1 year high of $26.48. The business’s 50 day moving average price is $24.85 and its two-hundred day moving average price is $25.57.

About iShares iBonds Dec 2033 Term Corporate ETF

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.