iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Up 91.8% in March

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 227,687 shares, a growth of 91.8% from the March 15th total of 118,700 shares. Based on an average trading volume of 1,017,105 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

IBDV opened at $21.89 on Monday. iShares iBonds Dec 2030 Term Corporate ETF has a fifty-two week low of $21.09 and a fifty-two week high of $22.41. The company’s 50-day moving average is $22.01 and its 200 day moving average is $22.07.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IBDV. RVW Wealth LLC purchased a new stake in iShares iBonds Dec 2030 Term Corporate ETF in the 4th quarter valued at about $24,567,000. Rebalance LLC purchased a new stake in iShares iBonds Dec 2030 Term Corporate ETF in the 4th quarter valued at about $10,139,000. Captrust Financial Advisors increased its stake in iShares iBonds Dec 2030 Term Corporate ETF by 1,050.5% in the 4th quarter. Captrust Financial Advisors now owns 467,361 shares of the company’s stock valued at $10,315,000 after buying an additional 426,739 shares during the last quarter. NewEdge Advisors LLC increased its stake in iShares iBonds Dec 2030 Term Corporate ETF by 37.9% in the 3rd quarter. NewEdge Advisors LLC now owns 949,500 shares of the company’s stock valued at $21,031,000 after buying an additional 260,892 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in iShares iBonds Dec 2030 Term Corporate ETF by 162.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 304,382 shares of the company’s stock valued at $6,742,000 after buying an additional 188,371 shares during the last quarter.

About iShares iBonds Dec 2030 Term Corporate ETF

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.