Short Interest in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Expands By 197.3%

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDTGet Free Report) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 290,766 shares, a growth of 197.3% from the May 14th total of 97,813 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 583,590 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of iShares iBonds Dec 2028 Term Corporate ETF

Large investors have recently added to or reduced their stakes in the company. Farmers National Bank boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 2.4% during the 1st quarter. Farmers National Bank now owns 47,990 shares of the company’s stock valued at $1,216,000 after buying an additional 1,118 shares during the period. Parallel Advisors LLC increased its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 5.0% during the 1st quarter. Parallel Advisors LLC now owns 304,913 shares of the company’s stock worth $7,723,000 after purchasing an additional 14,400 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF during the 1st quarter worth $257,000. Reliant Wealth Planning boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 0.9% during the 1st quarter. Reliant Wealth Planning now owns 68,697 shares of the company’s stock worth $1,740,000 after acquiring an additional 588 shares in the last quarter. Finally, Godshalk Welsh Capital Management Inc. boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 12.9% during the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 138,850 shares of the company’s stock worth $3,517,000 after acquiring an additional 15,850 shares in the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

IBDT opened at $25.22 on Friday. iShares iBonds Dec 2028 Term Corporate ETF has a one year low of $25.14 and a one year high of $25.74. The stock’s fifty day moving average is $25.26 and its 200-day moving average is $25.38.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares iBonds Dec 2028 Term Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2028 Term Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.