iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Update

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 54,128 shares, a drop of 77.3% from the April 30th total of 238,394 shares. Based on an average daily trading volume, of 488,550 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IBDW. Integrated Wealth Concepts LLC raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 5.4% in the first quarter. Integrated Wealth Concepts LLC now owns 28,640 shares of the company’s stock worth $594,000 after purchasing an additional 1,465 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 47.6% in the second quarter. JPMorgan Chase & Co. now owns 143,481 shares of the company’s stock worth $3,019,000 after purchasing an additional 46,291 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 20.0% in the second 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 during the last quarter. Jones Financial Companies Lllp raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 71.8% in the third quarter. Jones Financial Companies Lllp now owns 57,747 shares of the company’s stock worth $1,224,000 after purchasing an additional 24,142 shares during the last quarter. Finally, Atlantic Union Bankshares Corp raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 2.2% in the third quarter. Atlantic Union Bankshares Corp now owns 287,383 shares of the company’s stock worth $6,098,000 after purchasing an additional 6,294 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Trading Up 0.1%

Shares of NYSEARCA:IBDW traded up $0.03 during trading on Friday, hitting $20.91. The stock had a trading volume of 564,061 shares, compared to its average volume of 545,319. iShares iBonds Dec 2031 Term Corporate ETF has a 12-month low of $20.57 and a 12-month high of $21.78. The stock has a 50-day simple moving average of $20.89 and a two-hundred day simple moving average of $21.07.

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.