iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Short Interest Up 698.0% in April

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 77,072 shares, an increase of 698.0% from the April 15th total of 9,658 shares. Based on an average daily trading volume, of 46,948 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.8% of the shares of the company are sold short.

Institutional Trading of iShares iBonds Dec 2029 Term Muni Bond ETF

Institutional investors have recently bought and sold shares of the business. Curbstone Financial Management Corp boosted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 86.8% in the 4th quarter. Curbstone Financial Management Corp now owns 60,270 shares of the company’s stock valued at $1,533,000 after purchasing an additional 28,000 shares during the period. Praetorian Wealth Management Inc. boosted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 17.2% in the 4th quarter. Praetorian Wealth Management Inc. now owns 205,521 shares of the company’s stock valued at $5,226,000 after purchasing an additional 30,120 shares during the period. Cary Street Partners Financial LLC boosted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 8.6% in the 3rd quarter. Cary Street Partners Financial LLC now owns 8,686 shares of the company’s stock valued at $222,000 after purchasing an additional 690 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 1.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 57,087 shares of the company’s stock valued at $1,457,000 after purchasing an additional 975 shares during the period. Finally, Spinnaker Trust boosted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 72.0% in the 4th quarter. Spinnaker Trust now owns 45,271 shares of the company’s stock valued at $1,151,000 after purchasing an additional 18,951 shares during the period.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Down 0.1%

Shares of BATS IBMR opened at $25.31 on Tuesday. The stock’s fifty day moving average price is $25.42 and its two-hundred day moving average price is $25.47. iShares iBonds Dec 2029 Term Muni Bond ETF has a one year low of $24.82 and a one year high of $25.77.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) 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 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.