iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Short Interest Update

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 228,600 shares, a decrease of 40.1% from the September 15th total of 381,800 shares. Based on an average trading volume of 628,100 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 628,100 shares, the short-interest ratio is presently 0.4 days.

iShares iBonds Dec 2028 Term Corporate ETF Trading Up 0.1%

IBDT stock opened at $25.56 on Tuesday. The business has a 50-day simple moving average of $25.49 and a two-hundred day simple moving average of $25.33. iShares iBonds Dec 2028 Term Corporate ETF has a 52-week low of $24.78 and a 52-week high of $25.76.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

Hedge funds have recently bought and sold shares of the company. Bank of Jackson Hole Trust raised its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 73.3% in the first quarter. Bank of Jackson Hole Trust now owns 2,918 shares of the company’s stock valued at $74,000 after purchasing an additional 1,234 shares during the last quarter. MTM Investment Management LLC purchased a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the 2nd quarter valued at about $126,000. Private Trust Co. NA lifted its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 196.5% during the 1st quarter. Private Trust Co. NA now owns 6,051 shares of the company’s stock worth $153,000 after buying an additional 4,010 shares in the last quarter. Newman Dignan & Sheerar Inc. purchased a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 2nd quarter worth approximately $206,000. Finally, Sarver Vrooman Wealth Advisors increased its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 675.5% during the second quarter. Sarver Vrooman Wealth Advisors now owns 8,492 shares of the company’s stock valued at $216,000 after acquiring an additional 7,397 shares during the last quarter.

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.