iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Short Interest Update

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 22,324 shares, a decrease of 48.1% from the May 31st total of 42,991 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 88,900 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of iShares iBonds Dec 2028 Term Muni Bond ETF

Several large investors have recently made changes to their positions in the business. PNC Financial Services Group Inc. increased its stake in shares of iShares iBonds Dec 2028 Term Muni Bond ETF by 485.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,511 shares of the company’s stock valued at $39,000 after buying an additional 1,253 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in iShares iBonds Dec 2028 Term Muni Bond ETF during the 4th quarter worth about $120,000. HORAN Wealth LLC acquired a new stake in iShares iBonds Dec 2028 Term Muni Bond ETF in the 4th quarter valued at about $217,000. Cary Street Partners Financial LLC increased its position in iShares iBonds Dec 2028 Term Muni Bond ETF by 14.2% in the 3rd quarter. Cary Street Partners Financial LLC now owns 9,086 shares of the company’s stock valued at $233,000 after acquiring an additional 1,130 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares iBonds Dec 2028 Term Muni Bond ETF in the second quarter worth about $246,000.

iShares iBonds Dec 2028 Term Muni Bond ETF Price Performance

IBMQ stock opened at $25.57 on Tuesday. The business has a fifty day moving average price of $25.52 and a 200 day moving average price of $25.58. iShares iBonds Dec 2028 Term Muni Bond ETF has a fifty-two week low of $25.35 and a fifty-two week high of $25.83.

About iShares iBonds Dec 2028 Term Muni Bond ETF

The iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) 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 2028. IBMQ was launched on Apr 16, 2019 and is managed by BlackRock.