iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Down 65.3% in June

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 68,849 shares, a decrease of 65.3% from the May 31st total of 198,193 shares. Based on an average daily volume of 652,280 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

iShares iBonds Dec 2030 Term Corporate ETF Price Performance

Shares of iShares iBonds Dec 2030 Term Corporate ETF stock traded up $0.02 during trading on Monday, hitting $21.84. 551,596 shares of the stock traded hands, compared to its average volume of 735,669. The firm’s fifty day moving average is $21.80 and its 200-day moving average is $21.95. iShares iBonds Dec 2030 Term Corporate ETF has a 52 week low of $21.63 and a 52 week high of $22.41.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Gradient Capital Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 1.9% in the 4th quarter. Gradient Capital Advisors LLC now owns 29,999 shares of the company’s stock worth $662,000 after acquiring an additional 564 shares during the last quarter. American Trust grew its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 3.6% during the 4th quarter. American Trust now owns 17,291 shares of the company’s stock valued at $382,000 after purchasing an additional 607 shares during the last quarter. Bogart Wealth LLC raised its position in iShares iBonds Dec 2030 Term Corporate ETF by 11.1% in the 4th quarter. Bogart Wealth LLC now owns 6,802 shares of the company’s stock worth $150,000 after purchasing an additional 678 shares during the period. Reliant Wealth Planning raised its position in iShares iBonds Dec 2030 Term Corporate ETF by 5.2% in the 3rd quarter. Reliant Wealth Planning now owns 16,557 shares of the company’s stock worth $367,000 after purchasing an additional 818 shares during the period. Finally, Beacon Financial Group raised its position in iShares iBonds Dec 2030 Term Corporate ETF by 1.1% in the 1st quarter. Beacon Financial Group now owns 80,196 shares of the company’s stock worth $1,755,000 after purchasing an additional 895 shares during the period.

About iShares iBonds Dec 2030 Term Corporate ETF

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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 Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.