iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Short Interest Down 79.6% in June

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 43,453 shares, a drop of 79.6% from the May 31st total of 212,948 shares. Based on an average daily volume of 557,250 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Birchwood Financial Partners Inc. purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter valued at $50,000. Burkett Financial Services LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter valued at $61,000. Ascentis Independent Advisors purchased a new stake in shares of iShares iBonds Dec 2027 Term Corporate ETF in the first quarter worth about $85,000. Front Row Advisors LLC grew its position in iShares iBonds Dec 2027 Term Corporate ETF by 250.0% in the third quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock valued at $102,000 after acquiring an additional 3,000 shares in the last quarter. Finally, BOKF NA acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF in the fourth quarter valued at approximately $126,000.

iShares iBonds Dec 2027 Term Corporate ETF Stock Up 0.1%

IBDS traded up $0.02 during trading on Friday, reaching $24.22. 343,566 shares of the stock were exchanged, compared to its average volume of 630,935. The business’s 50 day moving average price is $24.20 and its two-hundred day moving average price is $24.24. iShares iBonds Dec 2027 Term Corporate ETF has a 1 year low of $24.11 and a 1 year high of $24.38.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

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.