iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Down 43.5% in September

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 250,100 shares, a drop of 43.5% from the August 31st total of 442,700 shares. Based on an average daily trading volume, of 401,200 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 401,200 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

A number of large investors have recently modified their holdings of IBDW. Bank of New Hampshire raised its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 11.1% in the third quarter. Bank of New Hampshire now owns 51,640 shares of the company’s stock valued at $1,096,000 after purchasing an additional 5,150 shares during the period. Ameriprise Financial Inc. raised its stake in iShares iBonds Dec 2031 Term Corporate ETF by 20.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,565,212 shares of the company’s stock worth $32,846,000 after purchasing an additional 260,759 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in iShares iBonds Dec 2031 Term Corporate ETF in the 2nd quarter valued at about $793,000. Cheviot Value Management LLC grew its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 5.0% during the 2nd quarter. Cheviot Value Management LLC now owns 243,484 shares of the company’s stock worth $5,111,000 after purchasing an additional 11,513 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in iShares iBonds Dec 2031 Term Corporate ETF by 47.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 143,481 shares of the company’s stock worth $3,019,000 after acquiring an additional 46,291 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.2%

Shares of IBDW stock opened at $21.18 on Monday. iShares iBonds Dec 2031 Term Corporate ETF has a 12 month low of $20.08 and a 12 month high of $21.78. The stock has a 50-day moving average price of $21.14 and a 200 day moving average price of $20.85.

About iShares iBonds Dec 2031 Term Corporate ETF

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.