iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Down 52.6% in January

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 245,852 shares, a decrease of 52.6% from the December 31st total of 518,137 shares. Based on an average daily volume of 973,155 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 973,155 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

A number of hedge funds have recently modified their holdings of the company. CNB Bank bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the third quarter valued at approximately $64,000. Bank of Jackson Hole Trust increased its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 32.0% in the 2nd quarter. Bank of Jackson Hole Trust now owns 4,482 shares of the company’s stock valued at $99,000 after buying an additional 1,086 shares during the period. Princeton Global Asset Management LLC lifted its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 501.2% during the 2nd quarter. Princeton Global Asset Management LLC now owns 4,840 shares of the company’s stock worth $106,000 after acquiring an additional 4,035 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 4th quarter valued at about $132,000. Finally, JDM Financial Group LLC bought a new stake in iShares iBonds Dec 2030 Term Corporate ETF in the third quarter valued at about $141,000.

iShares iBonds Dec 2030 Term Corporate ETF Stock Down 0.1%

Shares of IBDV opened at $22.10 on Thursday. The company has a 50-day simple moving average of $22.09 and a 200-day simple moving average of $22.08. iShares iBonds Dec 2030 Term Corporate ETF has a 52 week low of $21.09 and a 52 week high of $22.41.

About iShares iBonds Dec 2030 Term Corporate ETF

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.