iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA – Get Free Report) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 51,862 shares, a drop of 38.0% from the June 15th total of 83,581 shares. Based on an average daily trading volume, of 69,597 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the company’s stock are sold short.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in IBCA. Bogart Wealth LLC increased its stake in iShares iBonds Dec 2035 Term Corporate ETF by 100.5% in the 1st quarter. Bogart Wealth LLC now owns 1,153 shares of the company’s stock valued at $30,000 after buying an additional 578 shares during the last quarter. Ballast Advisors LLC purchased a new position in shares of iShares iBonds Dec 2035 Term Corporate ETF in the 1st quarter worth approximately $30,000. Arkadios Wealth Advisors purchased a new position in shares of iShares iBonds Dec 2035 Term Corporate ETF in the 1st quarter worth approximately $256,000. Finally, Parallel Advisors LLC grew its holdings in shares of iShares iBonds Dec 2035 Term Corporate ETF by 64.4% in the first quarter. Parallel Advisors LLC now owns 29,981 shares of the company’s stock valued at $769,000 after acquiring an additional 11,743 shares in the last quarter. 33.75% of the stock is owned by institutional investors.
iShares iBonds Dec 2035 Term Corporate ETF Price Performance
NYSEARCA:IBCA opened at $25.35 on Friday. iShares iBonds Dec 2035 Term Corporate ETF has a one year low of $25.15 and a one year high of $26.72. The company has a market cap of $371.38 million, a PE ratio of 31.69 and a beta of 0.11. The firm has a 50-day moving average of $25.48 and a 200-day moving average of $25.73.
iShares iBonds Dec 2035 Term Corporate ETF Company Profile
IBCA provides access to a diversified portfolio of investment-grade corporate bonds that mature between January 1, 2035, and December 15, 2035. The fund combines the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.
Featured Stories
- Five stocks we like better than iShares iBonds Dec 2035 Term Corporate ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for iShares iBonds Dec 2035 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 2035 Term Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
