iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Short Interest Update

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 82,036 shares, a growth of 152.0% from the April 15th total of 32,558 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 569,239 shares, the days-to-cover ratio is presently 0.1 days.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDT traded down $0.03 during trading hours on Friday, hitting $25.20. 279,392 shares of the stock were exchanged, compared to its average volume of 662,784. The company’s fifty day simple moving average is $25.29 and its two-hundred day simple moving average is $25.41. iShares iBonds Dec 2028 Term Corporate ETF has a 1-year low of $25.08 and a 1-year high of $25.74.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

Hedge funds have recently made changes to their positions in the stock. Godshalk Welsh Capital Management Inc. grew its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 12.9% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 138,850 shares of the company’s stock worth $3,517,000 after buying an additional 15,850 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 5.0% in the 1st quarter. Parallel Advisors LLC now owns 304,913 shares of the company’s stock valued at $7,723,000 after acquiring an additional 14,400 shares during the last quarter. Valley Wealth Managers Inc. boosted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 1.8% during the 1st quarter. Valley Wealth Managers Inc. now owns 47,794 shares of the company’s stock valued at $1,211,000 after acquiring an additional 841 shares in the last quarter. MTM Investment Management LLC boosted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 70.5% during the 1st quarter. MTM Investment Management LLC now owns 51,949 shares of the company’s stock valued at $1,316,000 after acquiring an additional 21,484 shares in the last quarter. Finally, Heartland Bank & Trust Co grew its position in iShares iBonds Dec 2028 Term Corporate ETF by 14.7% during the 1st quarter. Heartland Bank & Trust Co now owns 213,474 shares of the company’s stock worth $5,407,000 after acquiring an additional 27,412 shares during the last quarter.

About iShares iBonds Dec 2028 Term Corporate ETF

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.