iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA – Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 75,014 shares, an increase of 86.6% from the April 30th total of 40,204 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 73,230 shares, the days-to-cover ratio is currently 1.0 days.
iShares iBonds Dec 2035 Term Corporate ETF Trading Down 0.6%
IBCA opened at $25.52 on Tuesday. iShares iBonds Dec 2035 Term Corporate ETF has a 12-month low of $24.94 and a 12-month high of $26.72. The stock has a fifty day simple moving average of $25.60 and a two-hundred day simple moving average of $25.85. The company has a market cap of $333.04 million, a price-to-earnings ratio of 31.90 and a beta of 0.12.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of IBCA. Arkadios Wealth Advisors bought a new position in shares of iShares iBonds Dec 2035 Term Corporate ETF in the first quarter worth about $256,000. Parallel Advisors LLC raised its stake in iShares iBonds Dec 2035 Term Corporate ETF by 64.4% during the 1st quarter. Parallel Advisors LLC now owns 29,981 shares of the company’s stock valued at $769,000 after purchasing an additional 11,743 shares during the period. Finally, Bogart Wealth LLC raised its stake in iShares iBonds Dec 2035 Term Corporate ETF by 100.5% during the 1st quarter. Bogart Wealth LLC now owns 1,153 shares of the company’s stock valued at $30,000 after purchasing an additional 578 shares during the period. 33.75% of the stock is owned by hedge funds and other institutional investors.
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.
See Also
- Five stocks we like better than iShares iBonds Dec 2035 Term Corporate ETF
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
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.
