Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Grows By 6.8%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 20,300 shares, an increase of 6.8% from the August 31st total of 19,000 shares. Based on an average daily trading volume, of 51,000 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

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

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2033 Term Treasury ETF stock opened at $25.12 on Wednesday. iShares iBonds Dec 2033 Term Treasury ETF has a 12 month low of $22.81 and a 12 month high of $25.40. The stock has a 50 day moving average of $24.94 and a 200 day moving average of $24.28.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.0858 dividend. The ex-dividend date was Tuesday, September 3rd.

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.