Short Interest in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Drops By 41.3%

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totaling 96,306 shares, a decline of 41.3% from the March 15th total of 164,057 shares. Based on an average daily trading volume, of 670,648 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in IBDW. RVW Wealth LLC boosted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 3.9% during the 3rd quarter. RVW Wealth LLC now owns 14,219 shares of the company’s stock worth $302,000 after acquiring an additional 539 shares in the last quarter. Harbor Investment Advisory LLC raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 22.6% during the third quarter. Harbor Investment Advisory LLC now owns 3,065 shares of the company’s stock valued at $65,000 after acquiring an additional 565 shares during the last quarter. Farmers National Bank raised its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 1.7% during the fourth quarter. Farmers National Bank now owns 44,065 shares of the company’s stock worth $932,000 after acquiring an additional 724 shares during the last quarter. Bogart Wealth LLC raised its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 19.9% during the fourth quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock worth $133,000 after acquiring an additional 1,043 shares during the last quarter. Finally, Crews Bank & Trust lifted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 7.1% in the third quarter. Crews Bank & Trust now owns 17,600 shares of the company’s stock valued at $373,000 after buying an additional 1,170 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

NYSEARCA:IBDW remained flat at $20.96 on Monday. 29,396 shares of the company’s stock traded hands, compared to its average volume of 581,023. The business has a 50 day simple moving average of $21.07 and a 200-day simple moving average of $21.15. iShares iBonds Dec 2031 Term Corporate ETF has a 52-week low of $20.32 and a 52-week high of $21.78.

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.