iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Stock Short Interest Rises 85.9%

by · The Markets Daily

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV – Get Free Report) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 546,923 shares, a growth of 85.9% from the August 31st total of 294,251 shares. Based on an average trading volume of 664,918 shares, the short-interest ratio is presently 0.8 days. Approximately 0.4% of the shares of the stock are short sold.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

IBDV remained flat at $21.14 during midday trading on Wednesday. 1,233,135 shares of the company’s stock traded hands, compared to its average volume of 721,263. iShares iBonds Dec 2030 Term Corporate ETF has a 52-week low of $21.10 and a 52-week high of $22.28. The firm has a fifty day moving average price of $21.49 and a 200-day moving average price of $21.69.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Lyell Wealth Management LP grew its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 21.7% during the 4th quarter. Lyell Wealth Management LP now owns 452,987 shares of the company’s stock worth $9,997,000 after acquiring an additional 80,761 shares during the period. Godshalk Welsh Capital Management Inc. lifted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 54.4% in the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 95,100 shares of the company’s stock valued at $2,082,000 after purchasing an additional 33,500 shares during the period. Parallel Advisors LLC boosted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 28.1% in the 4th quarter. Parallel Advisors LLC now owns 353,005 shares of the company’s stock worth $7,791,000 after purchasing an additional 77,443 shares during the last quarter. RVW Wealth LLC boosted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 8.6% in the 2nd quarter. RVW Wealth LLC now owns 1,309,276 shares of the company’s stock worth $28,542,000 after purchasing an additional 103,166 shares during the last quarter. Finally, Dearborn Partners LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the fourth quarter worth $609,000.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

(Get Free Report)

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.

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