iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sees Significant Growth in Short Interest

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 373,900 shares, a growth of 276.2% from the September 30th total of 99,400 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 397,500 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 397,500 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the shares of the company are short sold.

iShares iBonds Dec 2031 Term Corporate ETF Stock Down 0.2%

Shares of IBDW opened at $21.20 on Friday. The company has a 50-day simple moving average of $21.23 and a 200-day simple moving average of $20.94. iShares iBonds Dec 2031 Term Corporate ETF has a 52 week low of $20.08 and a 52 week high of $21.78.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

A number of hedge funds have recently modified their holdings of IBDW. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 2nd quarter worth approximately $5,914,000. Ameriprise Financial Inc. increased its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 20.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,565,212 shares of the company’s stock valued at $32,846,000 after buying an additional 260,759 shares during the period. Cheviot Value Management LLC acquired a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the 1st quarter valued at $4,775,000. Lbmc Investment Advisors LLC bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 2nd quarter worth about $1,719,000. Finally, Praetorian Wealth Management Inc. boosted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 42.3% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 211,570 shares of the company’s stock valued at $4,451,000 after acquiring an additional 62,875 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.