iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Large Growth in Short Interest

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 255,116 shares, an increase of 546.9% from the September 15th total of 39,434 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 854,310 shares, the days-to-cover ratio is currently 0.3 days.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of IBDS stock traded up $0.02 on Friday, reaching $24.10. 601,735 shares of the company’s stock were exchanged, compared to its average volume of 631,703. iShares iBonds Dec 2027 Term Corporate ETF has a 52 week low of $24.03 and a 52 week high of $24.38. The company’s fifty day simple moving average is $24.14 and its 200 day simple moving average is $24.17.

Institutional Trading of iShares iBonds Dec 2027 Term Corporate ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Bullock Wealth Management Group lifted its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 1.8% during the 3rd quarter. Bullock Wealth Management Group now owns 66,407 shares of the company’s stock valued at $1,597,000 after buying an additional 1,200 shares in the last quarter. GAMMA Investing LLC increased its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 10.4% during the third quarter. GAMMA Investing LLC now owns 13,164 shares of the company’s stock worth $318,000 after acquiring an additional 1,236 shares during the period. Horizons Wealth Management bought a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the third quarter valued at approximately $252,000. Roble Belko & Company Inc raised its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 42.1% during the second quarter. Roble Belko & Company Inc now owns 118,468 shares of the company’s stock valued at $2,869,000 after acquiring an additional 35,097 shares in the last quarter. Finally, NBH Bank purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the second quarter valued at approximately $85,000.

About iShares iBonds Dec 2027 Term Corporate ETF

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.