iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Sees Significant Growth in Short Interest

by · The Cerbat Gem

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT – Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 82,036 shares, a growth of 152.0% from the April 15th total of 32,558 shares. Based on an average trading volume of 569,239 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

NYSEARCA IBDT traded down $0.03 on Friday, reaching $25.20. The company had a trading volume of 571,743 shares, compared to its average volume of 665,955. The firm’s 50 day moving average price is $25.29 and its 200 day moving average price is $25.41. iShares iBonds Dec 2028 Term Corporate ETF has a 12 month low of $25.08 and a 12 month high of $25.74.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Godshalk Welsh Capital Management Inc. raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 12.9% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 138,850 shares of the company’s stock valued at $3,517,000 after purchasing an additional 15,850 shares during the period. Parallel Advisors LLC raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 5.0% during the first quarter. Parallel Advisors LLC now owns 304,913 shares of the company’s stock valued at $7,723,000 after purchasing an additional 14,400 shares during the period. Valley Wealth Managers Inc. raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 1.8% during the first quarter. Valley Wealth Managers Inc. now owns 47,794 shares of the company’s stock valued at $1,211,000 after purchasing an additional 841 shares during the period. MTM Investment Management LLC raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 70.5% during the first quarter. MTM Investment Management LLC now owns 51,949 shares of the company’s stock valued at $1,316,000 after purchasing an additional 21,484 shares during the period. Finally, Heartland Bank & Trust Co raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 14.7% during the first quarter. Heartland Bank & Trust Co now owns 213,474 shares of the company’s stock valued at $5,407,000 after purchasing an additional 27,412 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

(Get Free Report)

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.

Featured Articles