iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Short Interest Update

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 212,948 shares, an increase of 114.4% from the May 14th total of 99,324 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 491,927 shares, the days-to-cover ratio is currently 0.4 days.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

Shares of iShares iBonds Dec 2027 Term Corporate ETF stock remained flat at $24.17 during midday trading on Friday. The company had a trading volume of 470,427 shares, compared to its average volume of 635,572. The company’s 50 day moving average is $24.20 and its 200 day moving average is $24.25. iShares iBonds Dec 2027 Term Corporate ETF has a one year low of $24.11 and a one year high of $24.38.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. ADG Wealth Management Group LLC bought a new position in shares of iShares iBonds Dec 2027 Term Corporate ETF during the fourth quarter valued at approximately $576,000. Klaas Financial Asset Advisors LLC raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 559.5% in the fourth quarter. Klaas Financial Asset Advisors LLC now owns 75,039 shares of the company’s stock worth $1,822,000 after purchasing an additional 63,660 shares in the last quarter. FourThought Financial Partners LLC raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 284.6% in the third quarter. FourThought Financial Partners LLC now owns 34,118 shares of the company’s stock worth $830,000 after purchasing an additional 25,247 shares in the last quarter. Rebalance LLC raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 10.1% in the fourth quarter. Rebalance LLC now owns 772,355 shares of the company’s stock worth $18,753,000 after purchasing an additional 71,100 shares in the last quarter. Finally, Heartland Bank & Trust Co raised its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 23.8% in the third quarter. Heartland Bank & Trust Co now owns 186,375 shares of the company’s stock worth $4,536,000 after purchasing an additional 35,781 shares in the last quarter.

About iShares iBonds Dec 2027 Term Corporate ETF

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.