iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) Stock Short Interest Report for September

iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 51,959 shares, a growth of 62.1% from the September 15th total of 32,059 shares. Based on an average daily trading volume, of 107,875 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares iBonds Dec 2035 Term Corporate ETF

A number of large investors have recently made changes to their positions in the business. Adirondack Trust Co. purchased a new stake in shares of iShares iBonds Dec 2035 Term Corporate ETF in the 3rd quarter worth about $2,314,000. Ballast Advisors LLC purchased a new position in shares of iShares iBonds Dec 2035 Term Corporate ETF during the 1st quarter worth $30,000. Parallel Advisors LLC lifted its position in shares of iShares iBonds Dec 2035 Term Corporate ETF by 64.4% during the 1st quarter. Parallel Advisors LLC now owns 29,981 shares of the company’s stock valued at $769,000 after buying an additional 11,743 shares in the last quarter. Arkadios Wealth Advisors purchased a new position in shares of iShares iBonds Dec 2035 Term Corporate ETF during the 1st quarter valued at $256,000. Finally, Bogart Wealth LLC boosted its stake in iShares iBonds Dec 2035 Term Corporate ETF by 100.5% in the 1st quarter. Bogart Wealth LLC now owns 1,153 shares of the company’s stock worth $30,000 after purchasing an additional 578 shares during the period. 33.75% of the stock is currently owned by institutional investors.

iShares iBonds Dec 2035 Term Corporate ETF Trading Up 0.7%

Shares of NYSEARCA:IBCA opened at $24.35 on Friday. The stock has a market cap of $428.56 million, a P/E ratio of 30.44 and a beta of 0.17. iShares iBonds Dec 2035 Term Corporate ETF has a 12 month low of $23.86 and a 12 month high of $26.38. The company has a 50 day moving average of $24.64 and a 200 day moving average of $25.19.

iShares iBonds Dec 2035 Term Corporate ETF Company Profile

IBCA provides access to a diversified portfolio of investment-grade corporate bonds that mature between January 1, 2035, and December 15, 2035. The fund combines the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.