iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Significant Drop in Short Interest

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 65,420 shares, a drop of 55.0% from the July 15th total of 145,312 shares. Based on an average daily volume of 104,121 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are short sold.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.2%

Shares of NASDAQ IBTM traded down $0.05 during mid-day trading on Friday, reaching $22.46. 86,664 shares of the company’s stock were exchanged, compared to its average volume of 131,059. iShares iBonds Dec 2032 Term Treasury ETF has a 52 week low of $22.36 and a 52 week high of $23.46. The firm has a 50-day moving average price of $22.55 and a two-hundred day moving average price of $22.79.

iShares iBonds Dec 2032 Term Treasury ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a dividend of $0.0754 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, August 3rd.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

Several hedge funds have recently added to or reduced their stakes in IBTM. Janney Montgomery Scott LLC boosted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 13.5% in the first quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after acquiring an additional 65,447 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 64.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 361,010 shares of the company’s stock worth $8,332,000 after purchasing an additional 141,122 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 360,156 shares of the company’s stock worth $8,294,000 after purchasing an additional 17,906 shares during the period. Atlantic Private Wealth LLC lifted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 6.2% in the first quarter. Atlantic Private Wealth LLC now owns 234,626 shares of the company’s stock valued at $5,380,000 after purchasing an additional 13,686 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the first quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock valued at $3,735,000 after purchasing an additional 96,836 shares during the last quarter.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.