iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Short Interest Update

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 346,576 shares, a growth of 43.0% from the February 12th total of 242,332 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 534,956 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 534,956 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

iShares iBonds Dec 2029 Term Corporate ETF Stock Down 0.0%

Shares of IBDU opened at $23.21 on Monday. iShares iBonds Dec 2029 Term Corporate ETF has a one year low of $22.55 and a one year high of $23.65. The business has a fifty day moving average of $23.44 and a 200 day moving average of $23.44.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Corporate ETF

A number of large investors have recently made changes to their positions in IBDU. Farmers National Bank increased its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 2.0% during the 4th quarter. Farmers National Bank now owns 44,068 shares of the company’s stock valued at $1,031,000 after purchasing an additional 852 shares during the last quarter. American Trust grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 2.5% during the fourth quarter. American Trust now owns 23,448 shares of the company’s stock valued at $549,000 after buying an additional 583 shares during the period. Advisory Services Network LLC grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 89.8% during the fourth quarter. Advisory Services Network LLC now owns 27,472 shares of the company’s stock valued at $643,000 after buying an additional 12,999 shares during the period. Captrust Financial Advisors increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 15.4% during the fourth quarter. Captrust Financial Advisors now owns 590,443 shares of the company’s stock valued at $13,819,000 after buying an additional 78,809 shares during the last quarter. Finally, Peloton Wealth Strategists increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 9.8% during the fourth quarter. Peloton Wealth Strategists now owns 375,595 shares of the company’s stock valued at $8,791,000 after buying an additional 33,445 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Company Profile

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) 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. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.