Short Interest in iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) Drops By 75.3%

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 29,849 shares, a decline of 75.3% from the July 30th total of 121,087 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 82,471 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Muni Bond ETF

Hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC boosted its position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 4.0% during the 1st quarter. Parallel Advisors LLC now owns 16,344 shares of the company’s stock valued at $422,000 after acquiring an additional 634 shares during the last quarter. Flow Traders U.S. LLC raised its holdings in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 10.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 11,173 shares of the company’s stock valued at $291,000 after buying an additional 1,031 shares during the period. 10Elms LLP lifted its position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF by 20.3% during the fourth quarter. 10Elms LLP now owns 6,820 shares of the company’s stock worth $178,000 after purchasing an additional 1,150 shares in the last quarter. Godshalk Welsh Capital Management Inc. boosted its position in iShares iBonds Dec 2030 Term Muni Bond ETF by 13.9% in the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 32,000 shares of the company’s stock valued at $827,000 after buying an additional 3,900 shares during the period. Finally, Praetorian Wealth Management Inc. boosted its holdings in iShares iBonds Dec 2030 Term Muni Bond ETF by 3.1% in the second quarter. Praetorian Wealth Management Inc. now owns 220,855 shares of the company’s stock valued at $5,714,000 after purchasing an additional 6,617 shares during the period.

iShares iBonds Dec 2030 Term Muni Bond ETF Price Performance

Shares of IBMS remained flat at $25.76 during mid-day trading on Thursday. 7,527 shares of the company traded hands, compared to its average volume of 61,829. iShares iBonds Dec 2030 Term Muni Bond ETF has a 52-week low of $25.59 and a 52-week high of $26.41. The firm’s fifty day simple moving average is $25.79 and its 200 day simple moving average is $25.92.

About iShares iBonds Dec 2030 Term Muni Bond ETF

The iShares iBonds Dec 2030 Term Muni Bond ETF (IBMS) 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 2030 IBMS was launched on May 22, 2024 and is issued by BlackRock.