iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Stock Short Interest Report for October

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 48,147 shares, an increase of 214.6% from the September 30th total of 15,305 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 214,450 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of IBMQ. Farther Finance Advisors LLC boosted its stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 230.5% in the third quarter. Farther Finance Advisors LLC now owns 9,049 shares of the company’s stock worth $228,000 after acquiring an additional 6,311 shares during the period. Arrow Financial Corp purchased a new stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF during the third quarter worth about $238,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF during the third quarter worth about $269,000. O Domhnaill Enterprises Inc. purchased a new stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF during the first quarter worth about $668,000. Finally, Parallel Advisors LLC raised its stake in iShares iBonds Dec 2028 Term Muni Bond ETF by 26.2% during the 1st quarter. Parallel Advisors LLC now owns 29,137 shares of the company’s stock valued at $744,000 after purchasing an additional 6,042 shares during the period.

iShares iBonds Dec 2028 Term Muni Bond ETF Stock Performance

Shares of IBMQ stock opened at $25.46 on Thursday. iShares iBonds Dec 2028 Term Muni Bond ETF has a one year low of $24.97 and a one year high of $25.80. The company’s fifty day moving average price is $25.32 and its 200-day moving average price is $25.51.

About iShares iBonds Dec 2028 Term Muni Bond ETF

The iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2028. IBMQ was launched on Apr 16, 2019 and is managed by BlackRock.