Short Interest in iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Drops By 88.0%

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 100,154 shares, a decrease of 88.0% from the August 15th total of 832,904 shares. Based on an average daily trading volume, of 207,229 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Large investors have recently bought and sold shares of the business. Ballast Advisors LLC purchased a new position in iShares iBonds Dec 2033 Term Corporate ETF during the first quarter worth approximately $30,000. Bogart Wealth LLC increased its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 431.5% in the first quarter. Bogart Wealth LLC now owns 3,040 shares of the company’s stock valued at $79,000 after buying an additional 2,468 shares in the last quarter. Jupiter Wealth Management LLC purchased a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF in the second quarter valued at approximately $120,000. 10Elms LLP raised its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 12.4% during the 4th quarter. 10Elms LLP now owns 5,900 shares of the company’s stock worth $154,000 after buying an additional 650 shares during the period. Finally, Dearborn Partners LLC acquired a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 4th quarter worth approximately $206,000.

iShares iBonds Dec 2033 Term Corporate ETF Stock Down 0.7%

IBDY stock traded down $0.17 during midday trading on Thursday, hitting $24.90. 207,178 shares of the stock traded hands, compared to its average volume of 254,669. iShares iBonds Dec 2033 Term Corporate ETF has a 1-year low of $24.89 and a 1-year high of $26.52. The stock’s fifty day simple moving average is $25.36 and its 200-day simple moving average is $25.67.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.