Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Drops By 34.3%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 33,086 shares, a decline of 34.3% from the December 31st total of 50,325 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 59,299 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 59,299 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IBTO. Headland Capital LLC boosted its stake in iShares iBonds Dec 2033 Term Treasury ETF by 4.4% in the 2nd quarter. Headland Capital LLC now owns 284,351 shares of the company’s stock valued at $6,969,000 after purchasing an additional 11,898 shares during the period. Atlantic Union Bankshares Corp grew its position in iShares iBonds Dec 2033 Term Treasury ETF by 27.1% during the second quarter. Atlantic Union Bankshares Corp now owns 931,860 shares of the company’s stock worth $22,838,000 after buying an additional 198,561 shares in the last quarter. United Capital Financial Advisors LLC increased its stake in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after acquiring an additional 19,157 shares during the period. Ameriprise Financial Inc. acquired a new position in iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter valued at $2,554,000. Finally, Thoroughbred Financial Services LLC lifted its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 159.9% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock valued at $796,000 after acquiring an additional 19,876 shares during the period.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

Shares of IBTO traded down $0.01 during midday trading on Friday, reaching $24.51. The stock had a trading volume of 55,154 shares, compared to its average volume of 171,193. The firm has a 50 day simple moving average of $24.61 and a 200-day simple moving average of $24.60. iShares iBonds Dec 2033 Term Treasury ETF has a one year low of $23.55 and a one year high of $24.96.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.0855 dividend. This is an increase from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, December 19th.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.