iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Up 106.6% in June

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 65,716 shares, a growth of 106.6% from the June 15th total of 31,805 shares. Based on an average daily volume of 154,546 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

IBTM stock traded up $0.06 during trading on Wednesday, reaching $22.57. 88,270 shares of the company traded hands, compared to its average volume of 133,349. The business has a 50 day simple moving average of $22.63 and a 200 day simple moving average of $22.89. iShares iBonds Dec 2032 Term Treasury ETF has a 12 month low of $22.43 and a 12 month high of $23.46.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.0733 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC raised its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the first quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock worth $3,735,000 after purchasing an additional 96,836 shares during the last quarter. McIlrath & Eck LLC purchased a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the first quarter valued at approximately $73,000. Atlantic Private Wealth LLC increased its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 6.2% in the 1st quarter. Atlantic Private Wealth LLC now owns 234,626 shares of the company’s stock worth $5,380,000 after buying an additional 13,686 shares during the period. Janney Montgomery Scott LLC increased its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 13.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock worth $12,644,000 after buying an additional 65,447 shares during the period. Finally, NewEdge Advisors LLC raised its position in iShares iBonds Dec 2032 Term Treasury ETF by 5.0% during the 4th quarter. NewEdge Advisors LLC now owns 172,182 shares of the company’s stock worth $3,973,000 after buying an additional 8,191 shares during the last quarter.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.