iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Down 13.1% in January

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 302,825 shares, a decline of 13.1% from the December 31st total of 348,609 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 655,199 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 655,199 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the company’s shares are short sold.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.1%

Shares of NASDAQ:IBTI traded down $0.02 during midday trading on Tuesday, reaching $22.31. The company’s stock had a trading volume of 95,987 shares, compared to its average volume of 489,092. The firm has a 50 day moving average price of $22.37 and a two-hundred day moving average price of $22.37. iShares iBonds Dec 2028 Term Treasury ETF has a fifty-two week low of $21.83 and a fifty-two week high of $22.47.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be issued a $0.069 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, February 2nd.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cary Street Partners Financial LLC boosted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 3.1% in the second quarter. Cary Street Partners Financial LLC now owns 41,917 shares of the company’s stock worth $937,000 after acquiring an additional 1,261 shares in the last quarter. High Note Wealth LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the third quarter valued at approximately $29,000. Opus Capital Group LLC grew its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 9.2% during the fourth quarter. Opus Capital Group LLC now owns 15,830 shares of the company’s stock worth $354,000 after buying an additional 1,330 shares in the last quarter. Heartland Bank & Trust Co raised its position in iShares iBonds Dec 2028 Term Treasury ETF by 7.7% in the 3rd quarter. Heartland Bank & Trust Co now owns 19,209 shares of the company’s stock valued at $430,000 after buying an additional 1,374 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC boosted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 13.5% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 12,599 shares of the company’s stock worth $282,000 after acquiring an additional 1,494 shares during the last quarter.

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.