iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Shares Shorted: Short Interest Down 82.0% in September

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 39,434 shares, a decrease of 82.0% from the August 31st total of 219,663 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 685,434 shares, the days-to-cover ratio is currently 0.1 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. RVW Wealth LLC raised its position in iShares iBonds Dec 2027 Term Corporate ETF by 4.5% in the 2nd quarter. RVW Wealth LLC now owns 1,272,324 shares of the company’s stock valued at $30,816,000 after purchasing an additional 54,404 shares during the last quarter. Spinnaker Trust lifted its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 16.0% during the 1st quarter. Spinnaker Trust now owns 680,902 shares of the company’s stock valued at $16,505,000 after acquiring an additional 93,956 shares during the period. Lyell Wealth Management LP boosted its position in iShares iBonds Dec 2027 Term Corporate ETF by 17.5% during the fourth quarter. Lyell Wealth Management LP now owns 521,963 shares of the company’s stock worth $12,673,000 after purchasing an additional 77,683 shares in the last quarter. Peloton Wealth Strategists grew its stake in iShares iBonds Dec 2027 Term Corporate ETF by 3.3% in the 4th quarter. Peloton Wealth Strategists now owns 350,425 shares of the company’s stock valued at $8,508,000 after acquiring an additional 11,355 shares during the last quarter. Finally, Praetorian Wealth Management Inc. grew its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 0.5% in the second quarter. Praetorian Wealth Management Inc. now owns 284,709 shares of the company’s stock valued at $6,896,000 after purchasing an additional 1,446 shares during the last quarter.

iShares iBonds Dec 2027 Term Corporate ETF Trading Up 0.0%

IBDS traded up $0.01 on Friday, hitting $24.13. 598,467 shares of the company were exchanged, compared to its average volume of 617,782. The firm has a 50-day moving average price of $24.16 and a two-hundred day moving average price of $24.18. iShares iBonds Dec 2027 Term Corporate ETF has a twelve month low of $24.11 and a twelve month high of $24.38.

About iShares iBonds Dec 2027 Term Corporate ETF

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.