iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Shares Shorted: Short Interest Down 40.5% in September

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 321,354 shares, a decrease of 40.5% from the August 31st total of 539,706 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 581,285 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

Several large investors have recently added to or reduced their stakes in the stock. Montecito Bank & Trust acquired a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the 3rd quarter valued at $2,124,000. NBH Bank purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the second quarter worth about $61,000. Compass Financial Management LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the second quarter worth about $48,000. Reliant Wealth Planning grew its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 0.7% in the first quarter. Reliant Wealth Planning now owns 66,696 shares of the company’s stock valued at $1,496,000 after buying an additional 489 shares in the last quarter. Finally, Atlantic Private Wealth LLC grew its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 6.9% in the first quarter. Atlantic Private Wealth LLC now owns 209,413 shares of the company’s stock valued at $4,697,000 after buying an additional 13,608 shares in the last quarter.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

NASDAQ IBTH opened at $22.27 on Friday. iShares iBonds Dec 2027 Term Treasury ETF has a one year low of $22.24 and a one year high of $22.55. The company’s 50 day moving average price is $22.33 and its 200 day moving average price is $22.36.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be paid a $0.0692 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.7%. This is a drop from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0695.

About iShares iBonds Dec 2027 Term Treasury ETF

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.