iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Up 21.5% in February

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 133,049 shares, a growth of 21.5% from the February 12th total of 109,500 shares. Based on an average daily volume of 481,307 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 481,307 shares, the days-to-cover ratio is currently 0.3 days.

iShares iBonds Dec 2031 Term Corporate ETF Trading Up 0.3%

NYSEARCA IBDW opened at $21.00 on Wednesday. The company has a 50 day moving average of $21.17 and a 200-day moving average of $21.19. iShares iBonds Dec 2031 Term Corporate ETF has a 1-year low of $20.08 and a 1-year high of $21.78.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IBDW. Bank of New Hampshire lifted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 4.6% during the 4th quarter. Bank of New Hampshire now owns 53,990 shares of the company’s stock valued at $1,142,000 after acquiring an additional 2,350 shares during the period. Farmers National Bank increased its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 1.7% in the fourth quarter. Farmers National Bank now owns 44,065 shares of the company’s stock worth $932,000 after purchasing an additional 724 shares during the period. NewEdge Advisors LLC increased its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 5.2% in the fourth quarter. NewEdge Advisors LLC now owns 1,195,846 shares of the company’s stock worth $25,292,000 after purchasing an additional 59,126 shares during the period. Advisory Services Network LLC raised its stake in iShares iBonds Dec 2031 Term Corporate ETF by 28.9% in the fourth quarter. Advisory Services Network LLC now owns 20,081 shares of the company’s stock valued at $425,000 after purchasing an additional 4,507 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in iShares iBonds Dec 2031 Term Corporate ETF by 15.0% during the fourth quarter. Captrust Financial Advisors now owns 44,604 shares of the company’s stock worth $943,000 after purchasing an additional 5,823 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.