iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Update

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 54,400 shares, a growth of 283.1% from the June 15th total of 14,200 shares. Based on an average daily volume of 56,000 shares, the short-interest ratio is currently 1.0 days.

iShares iBonds Dec 2033 Term Treasury ETF Stock Up 0.1 %

Shares of IBTO traded up $0.03 during trading hours on Friday, reaching $24.31. 13,484 shares of the company traded hands, compared to its average volume of 52,500. iShares iBonds Dec 2033 Term Treasury ETF has a 1-year low of $22.81 and a 1-year high of $25.11. The stock’s fifty day moving average is $23.94 and its 200 day moving average is $24.11.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were given a $0.0757 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $0.91 dividend on an annualized basis and a dividend yield of 3.74%.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

A number of institutional investors have recently bought and sold shares of the business. Atlantic Union Bankshares Corp increased its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 22.6% in the first quarter. Atlantic Union Bankshares Corp now owns 867,072 shares of the company’s stock valued at $21,061,000 after buying an additional 159,816 shares in the last quarter. American National Bank & Trust Co. VA acquired a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF during the first quarter valued at $1,183,000. Finally, Exchange Capital Management Inc. acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the first quarter worth about $1,194,000.

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.