iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Large Growth in Short Interest

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 23,900 shares, an increase of 39.8% from the May 31st total of 17,100 shares. Based on an average daily trading volume, of 37,200 shares, the days-to-cover ratio is currently 0.6 days.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2032 Term Treasury ETF stock traded down $0.24 during mid-day trading on Monday, reaching $22.20. 26,101 shares of the stock traded hands, compared to its average volume of 41,682. iShares iBonds Dec 2032 Term Treasury ETF has a fifty-two week low of $21.32 and a fifty-two week high of $23.38. The business has a 50-day moving average of $22.29 and a 200 day moving average of $22.53.

iShares iBonds Dec 2032 Term Treasury ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a $0.0733 dividend. The ex-dividend date is Monday, July 1st.

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

A number of institutional investors have recently made changes to their positions in the stock. Comerica Bank purchased a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the first quarter valued at approximately $30,000. WASHINGTON TRUST Co acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF during the 1st quarter worth $151,000. Atlantic Private Wealth LLC grew its position in iShares iBonds Dec 2032 Term Treasury ETF by 519.0% during the 4th quarter. Atlantic Private Wealth LLC now owns 23,498 shares of the company’s stock worth $543,000 after purchasing an additional 19,702 shares during the last quarter. Finally, Confluence Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the first quarter valued at about $9,773,000.

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.