iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) Sees Significant Increase in Short Interest

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 59,936 shares, an increase of 268.9% from the April 15th total of 16,248 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily volume of 41,295 shares, the days-to-cover ratio is currently 1.5 days.

iShares iBonds Dec 2030 Term Muni Bond ETF Stock Performance

Shares of BATS:IBMS opened at $25.81 on Thursday. The firm has a 50 day moving average of $25.95 and a 200-day moving average of $26.06. iShares iBonds Dec 2030 Term Muni Bond ETF has a 12 month low of $25.26 and a 12 month high of $26.41.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Muni Bond ETF

A number of large investors have recently modified their holdings of the business. Atlantic Union Bankshares Corp boosted its holdings in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 0.9% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 50,918 shares of the company’s stock valued at $1,328,000 after purchasing an additional 449 shares in the last quarter. Parallel Advisors LLC raised its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 4.0% during the first quarter. Parallel Advisors LLC now owns 16,344 shares of the company’s stock worth $422,000 after acquiring an additional 634 shares in the last quarter. Flow Traders U.S. LLC raised its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 10.2% during the third quarter. Flow Traders U.S. LLC now owns 11,173 shares of the company’s stock worth $291,000 after acquiring an additional 1,031 shares in the last quarter. 10Elms LLP raised its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 20.3% during the fourth quarter. 10Elms LLP now owns 6,820 shares of the company’s stock worth $178,000 after acquiring an additional 1,150 shares in the last quarter. Finally, Blue Square Asset Management LLC raised its stake in iShares iBonds Dec 2030 Term Muni Bond ETF by 15.2% during the fourth quarter. Blue Square Asset Management LLC now owns 26,441 shares of the company’s stock worth $689,000 after acquiring an additional 3,487 shares in the last quarter.

About iShares iBonds Dec 2030 Term Muni Bond ETF

The iShares iBonds Dec 2030 Term Muni Bond ETF (IBMS) 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 2030 IBMS was launched on May 22, 2024 and is issued by BlackRock.