iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Stock Short Interest Report for October

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 470,096 shares, a growth of 388.1% from the October 15th total of 96,317 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 487,015 shares, the days-to-cover ratio is presently 1.0 days.

iShares iBonds Dec 2032 Term Corporate ETF Stock Performance

Shares of IBDX traded down $0.01 during mid-day trading on Wednesday, reaching $24.27. 147,369 shares of the company’s stock were exchanged, compared to its average volume of 300,441. The business’s fifty day simple moving average is $24.29 and its 200-day simple moving average is $24.98. iShares iBonds Dec 2032 Term Corporate ETF has a 52-week low of $23.90 and a 52-week high of $25.87.

Institutional Trading of iShares iBonds Dec 2032 Term Corporate ETF

Several institutional investors and hedge funds have recently bought and sold shares of IBDX. Arrow Financial Corp acquired a new stake in iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter worth $15,062,000. Parallel Advisors LLC purchased a new position in iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter worth $7,645,000. Lyell Wealth Management LP acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF in the third quarter valued at $6,768,000. Praetorian Wealth Management Inc. acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF in the third quarter valued at $5,263,000. Finally, Evergreen Private Wealth LLC acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF in the third quarter valued at $3,646,000.

About iShares iBonds Dec 2032 Term Corporate ETF

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) 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 January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.