iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Shares Shorted: Short Interest Down 49.1% in October

iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 94,030 shares, a drop of 49.1% from the September 30th total of 184,675 shares. Based on an average trading volume of 230,215 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Trading of iShares iBonds Dec 2034 Term Corporate ETF

Several hedge funds and other institutional investors have recently modified their holdings of IBDZ. Lyell Wealth Management LP grew its holdings in shares of iShares iBonds Dec 2034 Term Corporate ETF by 9.8% during the third quarter. Lyell Wealth Management LP now owns 199,035 shares of the company’s stock worth $4,902,000 after buying an additional 17,700 shares in the last quarter. Arrow Financial Corp acquired a new stake in iShares iBonds Dec 2034 Term Corporate ETF in the 3rd quarter valued at approximately $12,997,000. Fort Washington Investment Advisors Inc. OH acquired a new stake in iShares iBonds Dec 2034 Term Corporate ETF in the 3rd quarter valued at approximately $475,000. Montecito Bank & Trust bought a new stake in iShares iBonds Dec 2034 Term Corporate ETF in the 3rd quarter valued at approximately $720,000. Finally, Sarver Vrooman Wealth Advisors lifted its stake in iShares iBonds Dec 2034 Term Corporate ETF by 2.2% in the 3rd quarter. Sarver Vrooman Wealth Advisors now owns 1,718,835 shares of the company’s stock valued at $42,335,000 after acquiring an additional 37,801 shares in the last quarter.

iShares iBonds Dec 2034 Term Corporate ETF Trading Up 0.2%

IBDZ traded up $0.05 during trading on Friday, hitting $25.08. The company had a trading volume of 137,166 shares, compared to its average volume of 186,879. iShares iBonds Dec 2034 Term Corporate ETF has a one year low of $24.42 and a one year high of $27.48. The firm’s 50-day moving average price is $25.03 and its 200 day moving average price is $25.80.

iShares iBonds Dec 2034 Term Corporate ETF Company Profile

The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) 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, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.