iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Down 44.9% in December

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 134,644 shares, a decline of 44.9% from the December 15th total of 244,521 shares. Based on an average trading volume of 610,711 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 610,711 shares, the short-interest ratio is presently 0.2 days.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

Shares of IBDW stock traded down $0.02 during mid-day trading on Friday, hitting $21.15. 347,313 shares of the stock were exchanged, compared to its average volume of 581,865. The stock’s fifty day simple moving average is $21.17 and its two-hundred day simple moving average is $21.13. iShares iBonds Dec 2031 Term Corporate ETF has a 12-month low of $20.08 and a 12-month high of $21.78.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 32.7% in the third quarter. Ameriprise Financial Inc. now owns 2,076,772 shares of the company’s stock valued at $44,108,000 after buying an additional 511,560 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the 2nd quarter valued at $5,914,000. NewEdge Advisors LLC raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 30.1% in the 3rd quarter. NewEdge Advisors LLC now owns 1,136,720 shares of the company’s stock valued at $24,121,000 after purchasing an additional 262,710 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 122.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 319,029 shares of the company’s stock valued at $6,770,000 after purchasing an additional 175,548 shares during the last quarter. Finally, Lbmc Investment Advisors LLC acquired a new stake in iShares iBonds Dec 2031 Term Corporate ETF during the 2nd quarter worth $1,719,000.

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.