iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Short Interest Up 87.4% in December

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 522,186 shares, an increase of 87.4% from the December 15th total of 278,585 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 1,485,186 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 1,485,186 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Trading of iShares iBonds Dec 2028 Term Corporate ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Confluence Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the third quarter valued at about $10,198,000. Atlantic Union Bankshares Corp purchased a new position in iShares iBonds Dec 2028 Term Corporate ETF in the 2nd quarter valued at about $6,047,000. Montecito Bank & Trust purchased a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the third quarter worth about $1,116,000. Sonata Capital Group Inc. raised its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 76.5% in the second quarter. Sonata Capital Group Inc. now owns 157,719 shares of the company’s stock valued at $4,009,000 after buying an additional 68,374 shares during the last quarter. Finally, Rebalance LLC lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 0.9% during the second quarter. Rebalance LLC now owns 168,982 shares of the company’s stock valued at $4,296,000 after buying an additional 1,579 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Trading Up 0.0%

IBDT stock traded up $0.01 on Friday, reaching $25.46. 883,959 shares of the company’s stock were exchanged, compared to its average volume of 863,087. The stock has a fifty day moving average of $25.46 and a 200-day moving average of $25.45. iShares iBonds Dec 2028 Term Corporate ETF has a twelve month low of $24.81 and a twelve month high of $25.76.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.