Short Interest in iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Increases By 259.5%

iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 70,504 shares, an increase of 259.5% from the June 30th total of 19,609 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 109,886 shares, the short-interest ratio is presently 0.6 days.

iShares iBonds Dec 2034 Term Corporate ETF Trading Up 0.2%

Shares of NYSEARCA IBDZ traded up $0.05 during mid-day trading on Monday, reaching $25.61. 124,950 shares of the company were exchanged, compared to its average volume of 197,106. iShares iBonds Dec 2034 Term Corporate ETF has a 1 year low of $25.53 and a 1 year high of $27.48. The firm has a 50-day moving average of $25.89 and a 200 day moving average of $26.13.

Institutional Investors Weigh In On iShares iBonds Dec 2034 Term Corporate ETF

Institutional investors have recently bought and sold shares of the company. Sarver Vrooman Wealth Advisors increased its position in iShares iBonds Dec 2034 Term Corporate ETF by 1.6% during the 2nd quarter. Sarver Vrooman Wealth Advisors now owns 1,681,034 shares of the company’s stock valued at $43,581,000 after buying an additional 26,060 shares in the last quarter. Ballast Advisors LLC acquired a new stake in iShares iBonds Dec 2034 Term Corporate ETF in the 1st quarter worth approximately $30,000. Parallel Advisors LLC boosted its stake in iShares iBonds Dec 2034 Term Corporate ETF by 1.7% in the 1st quarter. Parallel Advisors LLC now owns 203,388 shares of the company’s stock worth $5,300,000 after purchasing an additional 3,493 shares in the last quarter. Bessemer Group Inc. purchased a new stake in iShares iBonds Dec 2034 Term Corporate ETF during the 1st quarter worth approximately $238,000. Finally, Bogart Wealth LLC grew its position in iShares iBonds Dec 2034 Term Corporate ETF by 100.2% during the 1st quarter. Bogart Wealth LLC now owns 1,133 shares of the company’s stock worth $30,000 after purchasing an additional 567 shares during the last quarter.

iShares iBonds Dec 2034 Term Corporate ETF Company Profile

The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.