iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Short Interest Up 205.7% in September

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 381,800 shares, an increase of 205.7% from the August 31st total of 124,900 shares. Based on an average daily trading volume, of 639,500 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 639,500 shares, the short-interest ratio is presently 0.6 days.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

iShares iBonds Dec 2028 Term Corporate ETF stock opened at $25.46 on Friday. The firm has a fifty day moving average of $25.46 and a 200-day moving average of $25.30. iShares iBonds Dec 2028 Term Corporate ETF has a 52-week low of $24.78 and a 52-week high of $25.76.

Institutional Trading of iShares iBonds Dec 2028 Term Corporate ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC grew its position in iShares iBonds Dec 2028 Term Corporate ETF by 34.7% in the first quarter. GAMMA Investing LLC now owns 166,895 shares of the company’s stock worth $4,216,000 after buying an additional 42,989 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 35.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 142,121 shares of the company’s stock worth $3,590,000 after acquiring an additional 37,498 shares in the last quarter. Gradient Capital Advisors LLC acquired a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 1st quarter worth $241,000. Arrow Financial Corp raised its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 0.5% during the first quarter. Arrow Financial Corp now owns 566,467 shares of the company’s stock worth $14,309,000 after purchasing an additional 2,731 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 9.3% during the first quarter. Bank of New York Mellon Corp now owns 33,829 shares of the company’s stock valued at $855,000 after purchasing an additional 2,887 shares during the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

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.