iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sees Large Growth in Short Interest

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 251,206 shares, an increase of 82.9% from the November 30th total of 137,367 shares. Based on an average trading volume of 330,850 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.5% of the shares of the company are short sold. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 330,850 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

Several institutional investors have recently bought and sold shares of IBTI. United Capital Financial Advisors LLC grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 63.9% during the 3rd quarter. United Capital Financial Advisors LLC now owns 797,841 shares of the company’s stock valued at $17,860,000 after acquiring an additional 310,968 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 28.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 437,722 shares of the company’s stock worth $9,798,000 after purchasing an additional 97,565 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 70.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 371,121 shares of the company’s stock worth $8,290,000 after purchasing an additional 153,700 shares during the last quarter. Titleist Asset Management LLC grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 2.1% in the third quarter. Titleist Asset Management LLC now owns 298,705 shares of the company’s stock valued at $6,687,000 after purchasing an additional 6,266 shares in the last quarter. Finally, Strategic Blueprint LLC increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 90.7% in the third quarter. Strategic Blueprint LLC now owns 236,232 shares of the company’s stock valued at $5,288,000 after purchasing an additional 112,374 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2028 Term Treasury ETF stock remained flat at $22.36 during trading on Monday. 395,022 shares of the company traded hands, compared to its average volume of 258,309. The firm’s 50-day simple moving average is $22.38 and its 200-day simple moving average is $22.34. iShares iBonds Dec 2028 Term Treasury ETF has a 12-month low of $21.75 and a 12-month high of $22.47.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.0706 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.