iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Short Interest Up 108.1% in July

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 71,994 shares, a growth of 108.1% from the July 15th total of 34,601 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 53,099 shares, the short-interest ratio is currently 1.4 days.

iShares iBonds Dec 2029 Term Muni Bond ETF Price Performance

Shares of iShares iBonds Dec 2029 Term Muni Bond ETF stock opened at $25.29 on Friday. The company’s fifty day moving average price is $25.31 and its two-hundred day moving average price is $25.41. iShares iBonds Dec 2029 Term Muni Bond ETF has a 52-week low of $25.15 and a 52-week high of $25.77.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Muni Bond ETF

A number of institutional investors have recently modified their holdings of the stock. HORAN Wealth LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Muni Bond ETF during the first quarter worth $217,000. Parallel Advisors LLC raised its position in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 14.4% in the 4th quarter. Parallel Advisors LLC now owns 23,161 shares of the company’s stock valued at $589,000 after acquiring an additional 2,911 shares during the period. Flow Traders U.S. LLC raised its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 9.4% in the third quarter. Flow Traders U.S. LLC now owns 23,116 shares of the company’s stock worth $590,000 after purchasing an additional 1,988 shares during the period. Godshalk Welsh Capital Management Inc. lifted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 31.5% during the fourth quarter. Godshalk Welsh Capital Management Inc. now owns 31,300 shares of the company’s stock worth $796,000 after acquiring an additional 7,500 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Muni Bond ETF by 3.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 41,062 shares of the company’s stock valued at $1,048,000 after purchasing an additional 1,559 shares in the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.