iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) Sees Significant Drop in Short Interest

iShares iBonds Dec 2030 Term Muni Bond ETF (BATS:IBMS) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 81,554 shares, a drop of 52.8% from the September 30th total of 172,819 shares. Currently, 2.4% of the company’s shares are short sold. Based on an average daily volume of 178,343 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Muni Bond ETF

Institutional investors have recently modified their holdings of the business. Adirondack Trust Co. purchased a new position in shares of iShares iBonds Dec 2030 Term Muni Bond ETF in the 3rd quarter worth $72,000. Farther Finance Advisors LLC bought a new stake in shares of iShares iBonds Dec 2030 Term Muni Bond ETF in the third quarter worth $148,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in iShares iBonds Dec 2030 Term Muni Bond ETF during the third quarter valued at $267,000. Parallel Advisors LLC increased its position in iShares iBonds Dec 2030 Term Muni Bond ETF by 4.0% during the first quarter. Parallel Advisors LLC now owns 16,344 shares of the company’s stock valued at $422,000 after acquiring an additional 634 shares during the last quarter. Finally, Godshalk Welsh Capital Management Inc. lifted its holdings in iShares iBonds Dec 2030 Term Muni Bond ETF by 13.9% in the first quarter. Godshalk Welsh Capital Management Inc. now owns 32,000 shares of the company’s stock valued at $827,000 after acquiring an additional 3,900 shares during the period.

iShares iBonds Dec 2030 Term Muni Bond ETF Stock Down 0.0%

iShares iBonds Dec 2030 Term Muni Bond ETF stock opened at $25.58 on Friday. iShares iBonds Dec 2030 Term Muni Bond ETF has a fifty-two week low of $24.85 and a fifty-two week high of $26.41. The stock’s 50 day simple moving average is $25.38 and its two-hundred day simple moving average is $25.82.

About iShares iBonds Dec 2030 Term Muni Bond ETF

The iShares iBonds Dec 2030 Term Muni Bond ETF (IBMS) 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 2030 IBMS was launched on May 22, 2024 and is issued by BlackRock.