Short Interest in iShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA) Decreases By 61.4%
by Teresa Graham · The Cerbat GemiShares iBonds Dec 2035 Term Corporate ETF (NYSEARCA:IBCA – Get Free Report) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 19,811 shares, a drop of 61.4% from the March 31st total of 51,337 shares. Based on an average daily volume of 83,912 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.
iShares iBonds Dec 2035 Term Corporate ETF Price Performance
iShares iBonds Dec 2035 Term Corporate ETF stock traded up $0.02 during mid-day trading on Friday, hitting $25.79. 126,672 shares of the company were exchanged, compared to its average volume of 127,614. The business’s 50 day simple moving average is $25.82 and its two-hundred day simple moving average is $25.94. The company has a market capitalization of $332.69 million, a P/E ratio of 32.24 and a beta of -0.43. iShares iBonds Dec 2035 Term Corporate ETF has a 12-month low of $24.69 and a 12-month high of $26.72.
iShares iBonds Dec 2035 Term Corporate ETF Company Profile
IBCA provides access to a diversified portfolio of investment-grade corporate bonds that mature between January 1, 2035, and December 15, 2035. The fund combines the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.