iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) Shares Shorted: Short Interest Down 78.8% in September

iShares iBonds Dec 2028 Term Muni Bond ETF (BATS:IBMQ) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 15,305 shares, a decline of 78.8% from the September 15th total of 72,215 shares. Based on an average trading volume of 210,300 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IBMQ. Farther Finance Advisors LLC raised its position in iShares iBonds Dec 2028 Term Muni Bond ETF by 230.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,049 shares of the company’s stock worth $228,000 after purchasing an additional 6,311 shares during the last quarter. Gould Asset Management LLC CA bought a new position in iShares iBonds Dec 2028 Term Muni Bond ETF in the 4th quarter valued at $547,000. O Domhnaill Enterprises Inc. bought a new position in iShares iBonds Dec 2028 Term Muni Bond ETF in the 1st quarter valued at $668,000. Parallel Advisors LLC boosted its position in iShares iBonds Dec 2028 Term Muni Bond ETF by 26.2% in the 1st quarter. Parallel Advisors LLC now owns 29,137 shares of the company’s stock valued at $744,000 after buying an additional 6,042 shares during the last quarter. Finally, Confluence Investment Management LLC bought a new position in iShares iBonds Dec 2028 Term Muni Bond ETF in the 3rd quarter valued at $797,000.

iShares iBonds Dec 2028 Term Muni Bond ETF Price Performance

Shares of IBMQ stock traded up $0.08 during trading hours on Friday, reaching $25.20. 164,053 shares of the company were exchanged, compared to its average volume of 99,258. iShares iBonds Dec 2028 Term Muni Bond ETF has a fifty-two week low of $24.97 and a fifty-two week high of $25.80. The stock’s fifty day moving average is $25.37 and its two-hundred day moving average is $25.46.

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.