iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) Short Interest Update

iShares iBonds Dec 2029 Term Muni Bond ETF (BATS:IBMR) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 28,630 shares, a decrease of 62.9% from the April 30th total of 77,072 shares. Based on an average daily trading volume, of 38,236 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Muni Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Crews Bank & Trust boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 2.3% during the fourth quarter. Crews Bank & Trust now owns 18,125 shares of the company’s stock worth $461,000 after purchasing an additional 415 shares during the period. Cary Street Partners Financial LLC boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 8.6% during the third quarter. Cary Street Partners Financial LLC now owns 8,686 shares of the company’s stock worth $222,000 after purchasing an additional 690 shares during the period. 10Elms LLP boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 3.6% during the third quarter. 10Elms LLP now owns 20,400 shares of the company’s stock worth $521,000 after purchasing an additional 700 shares during the period. Prime Capital Investment Advisors LLC boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 4.3% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 20,497 shares of the company’s stock worth $521,000 after purchasing an additional 853 shares during the period. Finally, Atlantic Union Bankshares Corp boosted its position in iShares iBonds Dec 2029 Term Muni Bond ETF by 1.7% during the third quarter. Atlantic Union Bankshares Corp now owns 57,087 shares of the company’s stock worth $1,457,000 after purchasing an additional 975 shares during the period.

iShares iBonds Dec 2029 Term Muni Bond ETF Stock Performance

BATS:IBMR opened at $25.37 on Monday. The stock’s 50 day moving average price is $25.35 and its 200 day moving average price is $25.46. iShares iBonds Dec 2029 Term Muni Bond ETF has a 52 week low of $24.89 and a 52 week high of $25.77.

About iShares iBonds Dec 2029 Term Muni Bond ETF

The iShares iBonds Dec 2029 Term Muni Bond ETF (IBMR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks the investment results of an investment-grade U.S. municipal bonds index expected to mature or be redeemed before mid-December 2029. IBMR was launched on May 9, 2023 and is managed by BlackRock.