iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Up 747.7% in February

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 151,011 shares, a growth of 747.7% from the February 12th total of 17,814 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 53,444 shares, the days-to-cover ratio is presently 2.8 days. Based on an average daily trading volume, of 53,444 shares, the days-to-cover ratio is presently 2.8 days. Approximately 0.9% of the company’s shares are short sold.

iShares iBonds Dec 2033 Term Treasury ETF Trading Down 0.3%

Shares of NASDAQ IBTO traded down $0.08 during trading on Thursday, reaching $24.43. The company had a trading volume of 122,093 shares, compared to its average volume of 113,556. The company’s fifty day moving average price is $24.62 and its 200-day moving average price is $24.67. iShares iBonds Dec 2033 Term Treasury ETF has a 12 month low of $23.75 and a 12 month high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.0758 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Trading of iShares iBonds Dec 2033 Term Treasury ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp lifted its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 14.1% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 1,063,289 shares of the company’s stock worth $26,210,000 after purchasing an additional 131,429 shares during the period. CNB Bank acquired a new position in iShares iBonds Dec 2033 Term Treasury ETF in the third quarter valued at $147,000. Ameriprise Financial Inc. bought a new stake in iShares iBonds Dec 2033 Term Treasury ETF during the third quarter valued at $2,554,000. United Capital Financial Advisors LLC grew its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after acquiring an additional 19,157 shares during the period. Finally, Thoroughbred Financial Services LLC lifted its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 117.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock valued at $1,727,000 after purchasing an additional 38,042 shares during the period.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.