iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Significant Growth in Short Interest

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 479,913 shares, a growth of 50.1% from the February 26th total of 319,800 shares. Based on an average trading volume of 386,842 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.5% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 40.0% in the 4th quarter. NewEdge Advisors LLC now owns 1,744,511 shares of the company’s stock worth $39,199,000 after buying an additional 497,993 shares during the last quarter. Advisory Services Network LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 243.4% during the fourth quarter. Advisory Services Network LLC now owns 16,828 shares of the company’s stock valued at $378,000 after acquiring an additional 11,927 shares during the last quarter. Captrust Financial Advisors lifted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 8.6% in the fourth quarter. Captrust Financial Advisors now owns 190,908 shares of the company’s stock valued at $4,290,000 after acquiring an additional 15,198 shares during the period. Integrated Wealth Concepts LLC boosted its position in iShares iBonds Dec 2027 Term Treasury ETF by 5.7% in the fourth quarter. Integrated Wealth Concepts LLC now owns 1,150,990 shares of the company’s stock worth $25,863,000 after purchasing an additional 61,910 shares during the last quarter. Finally, Boston Family Office LLC boosted its position in iShares iBonds Dec 2027 Term Treasury ETF by 9.9% in the fourth quarter. Boston Family Office LLC now owns 259,199 shares of the company’s stock worth $5,824,000 after purchasing an additional 23,324 shares during the last quarter.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.1%

Shares of IBTH traded up $0.03 during mid-day trading on Friday, hitting $22.41. 365,447 shares of the company traded hands, compared to its average volume of 491,589. The stock has a 50-day moving average price of $22.46 and a two-hundred day moving average price of $22.48. iShares iBonds Dec 2027 Term Treasury ETF has a 1 year low of $22.30 and a 1 year high of $22.57.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.0644 dividend. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

About iShares iBonds Dec 2027 Term Treasury ETF

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.