iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Short Interest Up 35.3% in August

iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 49,100 shares, an increase of 35.3% from the August 15th total of 36,300 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 73,400 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 73,400 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Sarver Vrooman Wealth Advisors increased its holdings in shares of iShares iBonds Dec 2034 Term Corporate ETF by 5.1% during the 2nd quarter. Sarver Vrooman Wealth Advisors now owns 9,666 shares of the company’s stock valued at $253,000 after acquiring an additional 470 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in iShares iBonds Dec 2034 Term Corporate ETF in the 2nd quarter valued at approximately $258,000. Gradient Capital Advisors LLC grew its holdings in iShares iBonds Dec 2034 Term Corporate ETF by 15.6% in the 1st quarter. Gradient Capital Advisors LLC now owns 11,468 shares of the company’s stock valued at $296,000 after buying an additional 1,545 shares during the last quarter. Lbmc Investment Advisors LLC acquired a new stake in iShares iBonds Dec 2034 Term Corporate ETF in the 2nd quarter valued at approximately $381,000. Finally, Captrust Financial Advisors acquired a new stake in iShares iBonds Dec 2034 Term Corporate ETF in the 4th quarter valued at approximately $381,000.

iShares iBonds Dec 2034 Term Corporate ETF Price Performance

Shares of NYSEARCA IBDZ opened at $26.55 on Friday. The business’s 50-day simple moving average is $26.17 and its 200-day simple moving average is $25.80. iShares iBonds Dec 2034 Term Corporate ETF has a 52 week low of $24.63 and a 52 week high of $27.57.

iShares iBonds Dec 2034 Term Corporate ETF Company Profile

The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.