Short Interest in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Rises By 400.9%

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 271,119 shares, an increase of 400.9% from the May 14th total of 54,128 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 434,707 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

Several large investors have recently bought and sold shares of the stock. Farmers National Bank grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 1.3% during the 1st quarter. Farmers National Bank now owns 44,655 shares of the company’s stock worth $935,000 after purchasing an additional 590 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 2.9% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 30,911 shares of the company’s stock worth $647,000 after purchasing an additional 875 shares during the last quarter. Bogart Wealth LLC grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 19.9% during the 4th quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock worth $133,000 after purchasing an additional 1,043 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 3.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 31,750 shares of the company’s stock worth $674,000 after purchasing an additional 1,184 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 7.1% during the 4th quarter. Farther Finance Advisors LLC now owns 17,923 shares of the company’s stock worth $379,000 after purchasing an additional 1,188 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

NYSEARCA:IBDW opened at $20.72 on Thursday. iShares iBonds Dec 2031 Term Corporate ETF has a twelve month low of $20.61 and a twelve month high of $21.78. The company’s 50 day moving average is $20.88 and its two-hundred day moving average is $21.05.

About iShares iBonds Dec 2031 Term Corporate ETF

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.