iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Shares Shorted: Short Interest Down 49.1% in October

iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 94,030 shares, a decline of 49.1% from the September 30th total of 184,675 shares. Based on an average daily volume of 230,215 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Trading of iShares iBonds Dec 2034 Term Corporate ETF

A number of institutional investors have recently modified their holdings of the company. Bogart Wealth LLC lifted its stake in iShares iBonds Dec 2034 Term Corporate ETF by 100.2% during the first quarter. Bogart Wealth LLC now owns 1,133 shares of the company’s stock worth $30,000 after purchasing an additional 567 shares during the last quarter. Ballast Advisors LLC acquired a new stake in iShares iBonds Dec 2034 Term Corporate ETF during the 1st quarter worth about $30,000. Parallel Advisors LLC lifted its stake in iShares iBonds Dec 2034 Term Corporate ETF by 1.7% in the first quarter. Parallel Advisors LLC now owns 203,388 shares of the company’s stock valued at $5,300,000 after buying an additional 3,493 shares during the period. Sterling Investment Advisors Ltd. grew its stake in shares of iShares iBonds Dec 2034 Term Corporate ETF by 35.7% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 13,725 shares of the company’s stock valued at $358,000 after buying an additional 3,610 shares during the period. Finally, Bessemer Group Inc. acquired a new stake in shares of iShares iBonds Dec 2034 Term Corporate ETF in the 1st quarter worth about $238,000.

iShares iBonds Dec 2034 Term Corporate ETF Price Performance

Shares of IBDZ stock traded up $0.05 on Friday, hitting $25.08. The stock had a trading volume of 137,166 shares, compared to its average volume of 186,879. iShares iBonds Dec 2034 Term Corporate ETF has a twelve month low of $24.42 and a twelve month high of $27.48. The company has a fifty day moving average price of $25.03 and a two-hundred day moving average price of $25.80.

About iShares iBonds Dec 2034 Term Corporate ETF

The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) 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, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.