iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Shares Shorted: Short Interest Up 133.5% in October

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 173,617 shares, a growth of 133.5% from the September 30th total of 74,364 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,276,954 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Reliant Wealth Planning grew its position 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 purchasing an additional 489 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 1.9% during the third quarter. Farther Finance Advisors LLC now owns 37,239 shares of the company’s stock worth $831,000 after purchasing an additional 680 shares during the period. Washington Trust Advisors Inc. acquired a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter worth approximately $32,000. Compass Financial Management LLC acquired a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter worth approximately $48,000. Finally, NBH Bank acquired a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter worth approximately $61,000.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

IBTH traded up $0.02 during trading on Friday, reaching $22.35. The company had a trading volume of 784,013 shares, compared to its average volume of 536,291. iShares iBonds Dec 2027 Term Treasury ETF has a 12 month low of $22.24 and a 12 month high of $22.54. The business’s fifty day moving average price is $22.31 and its 200 day moving average price is $22.38.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.0692 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.7%. This is a negative change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0695. The ex-dividend date was Thursday, October 1st.

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.