Short Interest in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Decreases By 31.4%

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 261,158 shares, a decline of 31.4% from the December 31st total of 380,463 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 1,006,235 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 1,006,235 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of iShares iBonds Dec 2029 Term Corporate ETF

A number of institutional investors and hedge funds have recently modified their holdings of IBDU. First Fiduciary Investment Counsel Inc. boosted its position in iShares iBonds Dec 2029 Term Corporate ETF by 18.1% in the fourth quarter. First Fiduciary Investment Counsel Inc. now owns 60,345 shares of the company’s stock worth $1,412,000 after purchasing an additional 9,250 shares during the last quarter. First National Bank & Trust Co. of Newtown raised its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 2.3% during the 4th quarter. First National Bank & Trust Co. of Newtown now owns 163,590 shares of the company’s stock worth $3,828,000 after purchasing an additional 3,600 shares during the period. Belpointe Asset Management LLC boosted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 22.9% in the 4th quarter. Belpointe Asset Management LLC now owns 88,582 shares of the company’s stock worth $2,073,000 after buying an additional 16,507 shares during the last quarter. Farther Finance Advisors LLC grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 152.6% during the fourth quarter. Farther Finance Advisors LLC now owns 41,335 shares of the company’s stock valued at $967,000 after buying an additional 24,968 shares during the period. Finally, Curbstone Financial Management Corp purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF during the fourth quarter worth about $645,000.

iShares iBonds Dec 2029 Term Corporate ETF Trading Up 0.1%

NYSEARCA IBDU traded up $0.03 on Friday, reaching $23.52. The company had a trading volume of 622,476 shares, compared to its average volume of 887,754. The company’s fifty day moving average is $23.43 and its 200 day moving average is $23.42. iShares iBonds Dec 2029 Term Corporate ETF has a 52-week low of $22.55 and a 52-week high of $23.65.

iShares iBonds Dec 2029 Term Corporate ETF Company Profile

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) 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. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.