iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Short Interest Update

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 212,948 shares, an increase of 114.4% from the May 14th total of 99,324 shares. Based on an average daily volume of 491,927 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

iShares iBonds Dec 2027 Term Corporate ETF Trading Up 0.1%

Shares of IBDS traded up $0.02 during mid-day trading on Monday, reaching $24.19. The company had a trading volume of 32,167 shares, compared to its average volume of 630,170. The company’s 50 day simple moving average is $24.20 and its 200 day simple moving average is $24.25. iShares iBonds Dec 2027 Term Corporate ETF has a 1-year low of $24.11 and a 1-year high of $24.38.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

Several hedge funds have recently added to or reduced their stakes in IBDS. Birchwood Financial Partners Inc. acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth approximately $50,000. Burkett Financial Services LLC acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth approximately $61,000. Ascentis Independent Advisors acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the 1st quarter worth approximately $85,000. Front Row Advisors LLC boosted its position in iShares iBonds Dec 2027 Term Corporate ETF by 250.0% during the 3rd quarter. Front Row Advisors LLC now owns 4,200 shares of the company’s stock worth $102,000 after buying an additional 3,000 shares during the period. Finally, BOKF NA acquired a new stake in iShares iBonds Dec 2027 Term Corporate ETF during the 4th quarter worth approximately $126,000.

iShares iBonds Dec 2027 Term Corporate ETF Company Profile

The iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg global index of USD-denominated, investment-grade corporate bonds maturing between December 31, 2026 and December 16, 2027. IBDS was launched on Sep 12, 2017 and is managed by BlackRock.