Short Interest in iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Grows By 75.7%

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 46,541 shares, a growth of 75.7% from the May 31st total of 26,491 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 79,635 shares, the days-to-cover ratio is currently 0.6 days.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Down 0.2%

Shares of BATS IBMR opened at $25.34 on Thursday. iShares iBonds Dec 2029 Term Muni Bond ETF has a 12 month low of $25.16 and a 12 month high of $25.77. The business’s 50 day moving average is $25.34 and its two-hundred day moving average is $25.45.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Muni Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IBMR. HORAN Wealth LLC bought a new position in iShares iBonds Dec 2029 Term Muni Bond ETF during the first quarter worth $217,000. Crews Bank & Trust boosted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 2.3% in the 4th quarter. Crews Bank & Trust now owns 18,125 shares of the company’s stock valued at $461,000 after purchasing an additional 415 shares during the period. Prime Capital Investment Advisors LLC boosted its holdings in iShares iBonds Dec 2029 Term Muni Bond ETF by 4.3% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 20,497 shares of the company’s stock valued at $521,000 after purchasing an additional 853 shares during the period. 10Elms LLP grew its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 3.6% in the 3rd quarter. 10Elms LLP now owns 20,400 shares of the company’s stock worth $521,000 after purchasing an additional 700 shares during the last quarter. Finally, Parallel Advisors LLC grew its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 14.4% in the 4th quarter. Parallel Advisors LLC now owns 23,161 shares of the company’s stock worth $589,000 after purchasing an additional 2,911 shares during the last quarter.

iShares iBonds Dec 2029 Term Muni Bond ETF Company Profile

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) 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 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.