iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Short Interest Up 51.0% in December

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 231,117 shares, a growth of 51.0% from the December 15th total of 153,070 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 119,572 shares, the days-to-cover ratio is presently 1.9 days. Based on an average daily trading volume, of 119,572 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.0% of the shares of the company are short sold.

iShares iBonds Dec 2031 Term Treasury ETF Stock Down 0.2%

iShares iBonds Dec 2031 Term Treasury ETF stock traded down $0.04 during trading hours on Friday, hitting $20.48. 542,050 shares of the stock traded hands, compared to its average volume of 224,414. The firm’s 50 day moving average price is $20.57 and its 200-day moving average price is $20.53. iShares iBonds Dec 2031 Term Treasury ETF has a 1 year low of $19.70 and a 1 year high of $20.76.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.0631 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Institutional Trading of iShares iBonds Dec 2031 Term Treasury ETF

Large investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC lifted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock valued at $536,000 after purchasing an additional 822 shares during the period. Rebalance LLC purchased a new position in iShares iBonds Dec 2031 Term Treasury ETF in the second quarter valued at $224,000. Janney Montgomery Scott LLC raised its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 5.2% in the second quarter. Janney Montgomery Scott LLC now owns 33,626 shares of the company’s stock worth $689,000 after acquiring an additional 1,657 shares during the period. Leavell Investment Management Inc. purchased a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 2nd quarter worth about $260,000. Finally, Headland Capital LLC grew its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 4.9% during the 2nd quarter. Headland Capital LLC now owns 343,097 shares of the company’s stock valued at $7,034,000 after acquiring an additional 15,998 shares during the period.

About iShares iBonds Dec 2031 Term Treasury ETF

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.