iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Stock Short Interest Report for October

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 499,857 shares, a growth of 259.2% from the October 15th total of 139,169 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 787,410 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of iShares iBonds Dec 2028 Term Corporate ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Bogart Wealth LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 3rd quarter valued at $194,000. 10Elms LLP bought a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the third quarter valued at approximately $4,792,000. NBH Bank bought a new position in iShares iBonds Dec 2028 Term Corporate ETF in the 3rd quarter valued at about $61,000. Parallel Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the third quarter worth $9,438,000. Finally, Lyell Wealth Management LP bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the third quarter valued at approximately $13,937,000.

iShares iBonds Dec 2028 Term Corporate ETF Stock Down 0.1%

IBDT traded down $0.04 during midday trading on Thursday, reaching $24.91. 325,790 shares of the company’s stock were exchanged, compared to its average volume of 693,087. The business has a 50-day simple moving average of $24.98 and a two-hundred day simple moving average of $25.20. iShares iBonds Dec 2028 Term Corporate ETF has a one year low of $24.85 and a one year high of $25.74.

About iShares iBonds Dec 2028 Term Corporate ETF

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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 Jan 1 and Dec 15, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.