iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sees Large Decline in Short Interest

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 98,811 shares, a decrease of 53.4% from the January 15th total of 211,898 shares. Based on an average daily volume of 322,055 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 322,055 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Boston Family Office LLC grew its position in iShares iBonds Dec 2031 Term Treasury ETF by 22.6% during the second quarter. Boston Family Office LLC now owns 94,104 shares of the company’s stock worth $1,929,000 after buying an additional 17,346 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 5.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 33,626 shares of the company’s stock worth $689,000 after purchasing an additional 1,657 shares in the last quarter. Leavell Investment Management Inc. acquired a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 2nd quarter worth approximately $260,000. Headland Capital LLC increased its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 4.9% during the second quarter. Headland Capital LLC now owns 343,097 shares of the company’s stock valued at $7,034,000 after purchasing an additional 15,998 shares during the period. Finally, Montecito Bank & Trust raised its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 39.4% in the fourth quarter. Montecito Bank & Trust now owns 25,970 shares of the company’s stock valued at $533,000 after purchasing an additional 7,345 shares in the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Trading Up 0.3%

IBTL traded up $0.07 during trading on Friday, reaching $20.68. The company had a trading volume of 109,478 shares, compared to its average volume of 240,033. The firm’s 50-day simple moving average is $20.52 and its 200 day simple moving average is $20.56. iShares iBonds Dec 2031 Term Treasury ETF has a 12-month low of $19.82 and a 12-month high of $20.76.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.0635 per share. This is an increase from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, February 2nd.

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.