iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) Short Interest Up 299.8% in July

iShares iBonds Dec 2027 Term Corporate ETF (NYSEARCA:IBDS) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 478,200 shares, anincreaseof299.8% from the July 15th total of 119,600 shares. Based on an average daily volume of 603,200 shares, the short-interest ratio is presently 0.8 days. Currently,0.4% of the shares of the company are sold short. Currently,0.4% of the shares of the company are sold short. Based on an average daily volume of 603,200 shares, the short-interest ratio is presently 0.8 days.

iShares iBonds Dec 2027 Term Corporate ETF Price Performance

IBDS opened at $24.25 on Friday. iShares iBonds Dec 2027 Term Corporate ETF has a fifty-two week low of $23.86 and a fifty-two week high of $24.68. The company has a fifty day moving average of $24.19 and a two-hundred day moving average of $24.13.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Corporate ETF

A number of hedge funds have recently made changes to their positions in the business. Sunbelt Securities Inc. increased its holdings in iShares iBonds Dec 2027 Term Corporate ETF by 239.3% in the 4th quarter. Sunbelt Securities Inc. now owns 2,840 shares of the company’s stock valued at $68,000 after purchasing an additional 2,003 shares in the last quarter. Bank of Jackson Hole Trust raised its holdings in shares of iShares iBonds Dec 2027 Term Corporate ETF by 73.3% during the 1st quarter. Bank of Jackson Hole Trust now owns 3,051 shares of the company’s stock valued at $74,000 after buying an additional 1,290 shares during the period. Pinnacle Bancorp Inc. lifted its position in iShares iBonds Dec 2027 Term Corporate ETF by 48.7% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 3,175 shares of the company’s stock worth $77,000 after acquiring an additional 1,040 shares in the last quarter. Trust Co. of Vermont acquired a new position in iShares iBonds Dec 2027 Term Corporate ETF during the 1st quarter worth approximately $133,000. Finally, FourThought Financial Partners LLC purchased a new position in iShares iBonds Dec 2027 Term Corporate ETF in the 2nd quarter worth approximately $215,000.

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.