iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Short Interest Up 544.7% in June

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 280,137 shares, a growth of 544.7% from the June 15th total of 43,453 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 566,506 shares, the days-to-cover ratio is presently 0.5 days.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

NYSEARCA:IBDS remained flat at $24.15 during mid-day trading on Monday. The company’s stock had a trading volume of 132,302 shares, compared to its average volume of 637,862. The stock’s fifty day moving average price is $24.18 and its two-hundred day moving average price is $24.23. iShares iBonds Dec 2027 Term Corporate ETF has a 12-month low of $24.11 and a 12-month high of $24.38.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Several hedge funds have recently modified their holdings of IBDS. Praetorian Wealth Management Inc. raised its stake in iShares iBonds Dec 2027 Term Corporate ETF by 0.5% during the second quarter. Praetorian Wealth Management Inc. now owns 284,709 shares of the company’s stock worth $6,896,000 after purchasing an additional 1,446 shares during the period. RVW Wealth LLC grew its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 4.5% during the 2nd quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock valued at $30,816,000 after buying an additional 54,404 shares during the period. GAMMA Investing LLC grew its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 148.9% during the 2nd quarter. GAMMA Investing LLC now owns 11,928 shares of the company’s stock valued at $289,000 after buying an additional 7,135 shares during the period. Harbor Investment Advisory LLC increased its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 6.0% during the 2nd quarter. Harbor Investment Advisory LLC now owns 129,122 shares of the company’s stock worth $3,127,000 after buying an additional 7,294 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 8.7% during the 1st quarter. Parallel Advisors LLC now owns 283,652 shares of the company’s stock worth $6,876,000 after buying an additional 22,629 shares during the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

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.