iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Sees Significant Drop in Short Interest

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 40,996 shares, a drop of 83.9% from the September 30th total of 255,116 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 795,039 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Ascentis Independent Advisors acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF during the first quarter worth about $85,000. NBH Bank acquired a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the second quarter valued at approximately $85,000. Front Row Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 39.3% in the first quarter. Front Row Advisors LLC now owns 5,850 shares of the company’s stock worth $142,000 after buying an additional 1,650 shares during the period. Pinnacle Bancorp Inc. lifted its position in iShares iBonds Dec 2027 Term Corporate ETF by 91.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 6,077 shares of the company’s stock worth $147,000 after buying an additional 2,902 shares in the last quarter. Finally, Bogart Wealth LLC increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 47.6% during the 1st quarter. Bogart Wealth LLC now owns 8,285 shares of the company’s stock worth $201,000 after purchasing an additional 2,673 shares during the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

Shares of IBDS traded up $0.01 during mid-day trading on Tuesday, reaching $24.14. The company had a trading volume of 196,321 shares, compared to its average volume of 634,737. iShares iBonds Dec 2027 Term Corporate ETF has a 52 week low of $24.03 and a 52 week high of $24.38. The firm has a 50-day moving average price of $24.13 and a 200 day moving average price of $24.20.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

(Get Free Report)

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.

Further Reading

Receive News & Ratings for iShares iBonds Dec 2027 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 2027 Term Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.