iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sees Significant Increase in Short Interest

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 236,187 shares, a growth of 80.6% from the April 15th total of 130,753 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 486,130 shares, the short-interest ratio is currently 0.5 days.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

iShares iBonds Dec 2030 Term Corporate ETF stock opened at $21.71 on Monday. iShares iBonds Dec 2030 Term Corporate ETF has a 52 week low of $21.48 and a 52 week high of $22.41. The firm’s 50-day simple moving average is $21.88 and its 200 day simple moving average is $22.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Crews Bank & Trust lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 50.8% in the 4th quarter. Crews Bank & Trust now owns 76,460 shares of the company’s stock valued at $1,687,000 after purchasing an additional 25,745 shares in the last quarter. RVW Wealth LLC purchased a new position in iShares iBonds Dec 2030 Term Corporate ETF in the 4th quarter valued at about $24,567,000. FourThought Financial Partners LLC lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 192.7% in the 3rd quarter. FourThought Financial Partners LLC now owns 49,365 shares of the company’s stock valued at $1,093,000 after purchasing an additional 32,497 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 162.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 304,382 shares of the company’s stock valued at $6,742,000 after purchasing an additional 188,371 shares in the last quarter. Finally, First Fiduciary Investment Counsel Inc. acquired a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 4th quarter valued at about $1,139,000.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.