Short Interest in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Increases By 101.9%

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 283,986 shares, a growth of 101.9% from the July 15th total of 140,687 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 519,278 shares, the days-to-cover ratio is presently 0.5 days.

iShares iBonds Dec 2030 Term Corporate ETF Price Performance

iShares iBonds Dec 2030 Term Corporate ETF stock traded down $0.03 during trading hours on Friday, reaching $21.63. The stock had a trading volume of 332,794 shares, compared to its average volume of 720,084. iShares iBonds Dec 2030 Term Corporate ETF has a 52 week low of $21.55 and a 52 week high of $22.41. The company has a fifty day simple moving average of $21.68 and a 200-day simple moving average of $21.85.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Captrust Financial Advisors grew its stake in iShares iBonds Dec 2030 Term Corporate ETF by 1,050.5% in the fourth quarter. Captrust Financial Advisors now owns 467,361 shares of the company’s stock worth $10,315,000 after purchasing an additional 426,739 shares during the period. NewEdge Advisors LLC increased its stake in iShares iBonds Dec 2030 Term Corporate ETF by 37.9% during the 3rd quarter. NewEdge Advisors LLC now owns 949,500 shares of the company’s stock valued at $21,031,000 after purchasing an additional 260,892 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 162.4% during the third quarter. JPMorgan Chase & Co. now owns 304,382 shares of the company’s stock valued at $6,742,000 after acquiring an additional 188,371 shares in the last quarter. RVW Wealth LLC increased its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 8.6% in the 2nd quarter. RVW Wealth LLC now owns 1,309,276 shares of the company’s stock worth $28,542,000 after purchasing an additional 103,166 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 37.1% in the 4th quarter. Atlantic Union Bankshares Corp now owns 362,828 shares of the company’s stock worth $8,008,000 after buying an additional 98,125 shares in the last quarter.

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.