iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Large Drop in Short Interest

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 78,959 shares, a decline of 48.5% from the June 30th total of 153,397 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 232,798 shares, the short-interest ratio is currently 0.3 days.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

NYSEARCA IBDX traded down $0.04 during trading on Wednesday, reaching $24.87. 127,734 shares of the company’s stock were exchanged, compared to its average volume of 268,673. The business has a 50 day moving average price of $25.05 and a 200-day moving average price of $25.29. iShares iBonds Dec 2032 Term Corporate ETF has a fifty-two week low of $24.77 and a fifty-two week high of $26.77.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

Large investors have recently added to or reduced their stakes in the stock. Cary Street Partners Financial LLC increased its stake in iShares iBonds Dec 2032 Term Corporate ETF by 2.8% in the fourth quarter. Cary Street Partners Financial LLC now owns 14,221 shares of the company’s stock valued at $363,000 after acquiring an additional 392 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in iShares iBonds Dec 2032 Term Corporate ETF by 2.1% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 28,447 shares of the company’s stock worth $719,000 after acquiring an additional 579 shares during the last quarter. Newman Dignan & Sheerar Inc. increased its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 11.6% in the 4th quarter. Newman Dignan & Sheerar Inc. now owns 9,449 shares of the company’s stock worth $241,000 after purchasing an additional 985 shares in the last quarter. Farmers National Bank increased its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 3.4% in the 4th quarter. Farmers National Bank now owns 31,981 shares of the company’s stock worth $816,000 after purchasing an additional 1,040 shares in the last quarter. Finally, Gradient Capital Advisors LLC raised its position in iShares iBonds Dec 2032 Term Corporate ETF by 3.6% in the fourth quarter. Gradient Capital Advisors LLC now owns 33,824 shares of the company’s stock valued at $864,000 after purchasing an additional 1,187 shares during the last quarter.

iShares iBonds Dec 2032 Term Corporate ETF Company Profile

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment grade corporate bonds maturing between January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.