iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Stock Short Interest Jumps 546.9%

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 255,116 shares, a growth of 546.9% from the September 15th total of 39,434 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 854,310 shares, the short-interest ratio is presently 0.3 days.

iShares iBonds Dec 2027 Term Corporate ETF Stock Performance

Shares of NYSEARCA:IBDS traded up $0.02 during trading on Friday, hitting $24.10. The company’s stock had a trading volume of 601,735 shares, compared to its average volume of 631,703. iShares iBonds Dec 2027 Term Corporate ETF has a fifty-two week low of $24.03 and a fifty-two week high of $24.38. The business has a 50 day moving average price of $24.14 and a two-hundred day moving average price of $24.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IBDS. Reliant Wealth Planning increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 0.8% during the 1st quarter. Reliant Wealth Planning now owns 56,564 shares of the company’s stock worth $1,371,000 after purchasing an additional 452 shares during the period. Farmers National Bank boosted its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 1.2% in the 4th quarter. Farmers National Bank now owns 46,997 shares of the company’s stock valued at $1,141,000 after buying an additional 563 shares during the period. Valley Wealth Managers Inc. grew its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 1.1% during the first quarter. Valley Wealth Managers Inc. now owns 71,499 shares of the company’s stock worth $1,733,000 after buying an additional 795 shares in the last quarter. Bullock Wealth Management Group grew its position in shares of iShares iBonds Dec 2027 Term Corporate ETF by 1.8% during the third quarter. Bullock Wealth Management Group now owns 66,407 shares of the company’s stock worth $1,597,000 after buying an additional 1,200 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of iShares iBonds Dec 2027 Term Corporate ETF by 10.4% during the third quarter. GAMMA Investing LLC now owns 13,164 shares of the company’s stock worth $318,000 after buying an additional 1,236 shares during the period.

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.