iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Down 65.3% in June

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 68,849 shares, a decrease of 65.3% from the May 31st total of 198,193 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 652,280 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. High Note Wealth LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 4th quarter worth approximately $25,000. Ballast Advisors LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF in the 1st quarter valued at approximately $30,000. BOKF NA purchased a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF in the 4th quarter valued at approximately $68,000. Valley Wealth Managers Inc. boosted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 240.4% during the fourth quarter. Valley Wealth Managers Inc. now owns 4,531 shares of the company’s stock valued at $100,000 after purchasing an additional 3,200 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the fourth quarter valued at approximately $132,000.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

IBDV stock traded down $0.04 on Tuesday, reaching $21.80. The company’s stock had a trading volume of 665,051 shares, compared to its average volume of 735,094. The business has a fifty day simple moving average of $21.80 and a two-hundred day simple moving average of $21.95. iShares iBonds Dec 2030 Term Corporate ETF has a 12-month low of $21.63 and a 12-month high of $22.41.

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.