iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Shares Shorted: Short Interest Down 58.4% in October

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 96,317 shares, a decrease of 58.4% from the September 30th total of 231,506 shares. Based on an average trading volume of 498,566 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

iShares iBonds Dec 2032 Term Corporate ETF Stock Performance

Shares of IBDX traded up $0.06 during mid-day trading on Friday, hitting $24.42. 374,882 shares of the company’s stock were exchanged, compared to its average volume of 298,099. The firm has a fifty day moving average of $24.36 and a two-hundred day moving average of $25.03. iShares iBonds Dec 2032 Term Corporate ETF has a twelve month low of $23.90 and a twelve month high of $25.87.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Lyell Wealth Management LP bought a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter worth $6,768,000. Evergreen Private Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the 3rd quarter worth about $3,646,000. Arrow Financial Corp acquired a new stake in iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter worth approximately $15,062,000. Newman Dignan & Sheerar Inc. bought a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the 3rd quarter worth about $228,000. Finally, Praetorian Wealth Management Inc. bought a new stake in iShares iBonds Dec 2032 Term Corporate ETF in the third quarter worth about $5,263,000.

iShares iBonds Dec 2032 Term Corporate ETF Company Profile

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment grade corporate bonds maturing between January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.