iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) Short Interest Down 70.1% in August

iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 14,548 shares, a decline of 70.1% from the July 30th total of 48,658 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 139,803 shares, the days-to-cover ratio is currently 0.1 days.

iShares iBonds Dec 2035 Term Corporate ETF Stock Down 0.4%

Shares of IBCA traded down $0.09 on Friday, reaching $25.06. The stock had a trading volume of 56,493 shares, compared to its average volume of 110,488. The firm has a market capitalization of $372.14 million, a PE ratio of 31.32 and a beta of 0.13. The firm has a 50-day moving average of $25.26 and a 200 day moving average of $25.55. iShares iBonds Dec 2035 Term Corporate ETF has a twelve month low of $24.93 and a twelve month high of $26.38.

Institutional Trading of iShares iBonds Dec 2035 Term Corporate ETF

A number of institutional investors have recently bought and sold shares of IBCA. Ballast Advisors LLC acquired a new stake in iShares iBonds Dec 2035 Term Corporate ETF in the first quarter valued at $30,000. Bogart Wealth LLC raised its stake in shares of iShares iBonds Dec 2035 Term Corporate ETF by 100.5% during the 1st quarter. Bogart Wealth LLC now owns 1,153 shares of the company’s stock worth $30,000 after buying an additional 578 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of iShares iBonds Dec 2035 Term Corporate ETF in the 1st quarter worth about $256,000. Finally, Parallel Advisors LLC boosted its position in shares of iShares iBonds Dec 2035 Term Corporate ETF by 64.4% in the 1st quarter. Parallel Advisors LLC now owns 29,981 shares of the company’s stock worth $769,000 after buying an additional 11,743 shares in the last quarter. 33.75% of the stock is currently owned by hedge funds and other institutional investors.

iShares iBonds Dec 2035 Term Corporate ETF Company Profile

IBCA provides access to a diversified portfolio of investment-grade corporate bonds that mature between January 1, 2035, and December 15, 2035. The fund combines the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.