iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Short Interest Update

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 102,447 shares, an increase of 124.4% from the May 14th total of 45,660 shares. Based on an average daily trading volume, of 176,837 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

iShares iBonds Dec 2033 Term Corporate ETF Stock Down 0.2%

NYSEARCA:IBDY opened at $25.70 on Friday. The business’s 50 day moving average is $25.79 and its two-hundred day moving average is $26.01. iShares iBonds Dec 2033 Term Corporate ETF has a 52 week low of $25.42 and a 52 week high of $26.52.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IBDY. Ameriprise Financial Inc. lifted its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 214.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 553,935 shares of the company’s stock worth $14,530,000 after buying an additional 377,989 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 18,185.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 146,649 shares of the company’s stock worth $3,799,000 after buying an additional 145,847 shares during the last quarter. Flow Traders U.S. LLC lifted its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 660.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 95,031 shares of the company’s stock worth $2,493,000 after buying an additional 82,530 shares during the last quarter. Lyell Wealth Management LP lifted its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 46.8% during the 4th quarter. Lyell Wealth Management LP now owns 173,645 shares of the company’s stock worth $4,539,000 after buying an additional 55,375 shares during the last quarter. Finally, Roble Belko & Company Inc raised its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1,015.7% during the 1st quarter. Roble Belko & Company Inc now owns 53,396 shares of the company’s stock worth $1,380,000 after purchasing an additional 48,610 shares during the period.

About iShares iBonds Dec 2033 Term Corporate ETF

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.