iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Shares Shorted: Short Interest Up 303.0% in September

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 406,425 shares, an increase of 303.0% from the September 15th total of 100,852 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 713,219 shares, the short-interest ratio is currently 0.6 days.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

iShares iBonds Dec 2028 Term Treasury ETF stock opened at $21.90 on Tuesday. iShares iBonds Dec 2028 Term Treasury ETF has a 52 week low of $21.83 and a 52 week high of $22.49. The company’s 50 day moving average price is $22.00 and its two-hundred day moving average price is $22.10.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.0701 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $0.84 annualized dividend and a dividend yield of 3.8%.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Reliant Wealth Planning grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 0.7% in the 1st quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock valued at $2,056,000 after purchasing an additional 670 shares during the period. Pinnacle Bancorp Inc. increased its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 4.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 16,163 shares of the company’s stock valued at $360,000 after purchasing an additional 671 shares during the last quarter. Towne Trust Company N.A raised its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 9.7% during the 1st quarter. Towne Trust Company N.A now owns 12,400 shares of the company’s stock worth $276,000 after purchasing an additional 1,100 shares during the period. Ascentis Independent Advisors bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 1st quarter worth $33,000. Finally, Parallel Advisors LLC raised its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 2.4% during the 1st quarter. Parallel Advisors LLC now owns 142,903 shares of the company’s stock worth $3,184,000 after purchasing an additional 3,391 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.