iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Short Interest Down 37.8% in June

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 236,302 shares, a drop of 37.8% from the May 31st total of 379,827 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 519,403 shares, the short-interest ratio is presently 0.5 days.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

iShares iBonds Dec 2027 Term Treasury ETF stock remained flat at $22.32 during trading hours on Friday. 941,409 shares of the company’s stock traded hands, compared to its average volume of 464,802. iShares iBonds Dec 2027 Term Treasury ETF has a 12 month low of $22.29 and a 12 month high of $22.55. The business’s 50-day simple moving average is $22.37 and its 200-day simple moving average is $22.43.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.0686 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, July 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

Several hedge funds have recently modified their holdings of the business. Princeton Global Asset Management LLC purchased a new position in iShares iBonds Dec 2027 Term Treasury ETF in the first quarter valued at about $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the fourth quarter worth about $49,000. Beese Fulmer Investment Management Inc. lifted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 11.5% during the 3rd quarter. Beese Fulmer Investment Management Inc. now owns 10,104 shares of the company’s stock valued at $228,000 after acquiring an additional 1,040 shares during the period. Farther Finance Advisors LLC boosted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 2,031.8% in the fourth quarter. Farther Finance Advisors LLC now owns 10,254 shares of the company’s stock valued at $230,000 after purchasing an additional 9,773 shares during the last quarter. Finally, Blue Square Asset Management LLC acquired a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter worth about $250,000.

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.