iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Short Interest Up 81.9% in December

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 278,585 shares, an increase of 81.9% from the November 30th total of 153,133 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 654,143 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 654,143 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

A number of large investors have recently bought and sold shares of IBDT. Sarver Vrooman Wealth Advisors boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 5.5% during the 3rd quarter. Sarver Vrooman Wealth Advisors now owns 8,956 shares of the company’s stock worth $229,000 after purchasing an additional 464 shares during the last quarter. Princeton Global Asset Management LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 1.1% in the 2nd quarter. Princeton Global Asset Management LLC now owns 45,205 shares of the company’s stock worth $1,149,000 after purchasing an additional 505 shares during the period. First Fiduciary Investment Counsel Inc. lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 0.9% in the 3rd quarter. First Fiduciary Investment Counsel Inc. now owns 61,105 shares of the company’s stock valued at $1,559,000 after purchasing an additional 520 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 5.4% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 10,541 shares of the company’s stock worth $269,000 after purchasing an additional 541 shares during the period. Finally, Thoroughbred Financial Services LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 2.7% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 26,602 shares of the company’s stock worth $678,000 after purchasing an additional 699 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Stock Up 0.0%

Shares of IBDT stock opened at $25.44 on Friday. The stock has a fifty day moving average price of $25.47 and a 200 day moving average price of $25.43. iShares iBonds Dec 2028 Term Corporate ETF has a 1 year low of $24.78 and a 1 year high of $25.76.

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.