iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Stock Short Interest Rises 133.5%

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 173,617 shares, a growth of 133.5% from the September 30th total of 74,364 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,276,954 shares, the short-interest ratio is currently 0.1 days.

iShares iBonds Dec 2027 Term Treasury ETF Trading Up 0.1%

NASDAQ:IBTH traded up $0.03 during trading hours on Friday, reaching $22.36. The company had a trading volume of 676,939 shares, compared to its average volume of 535,595. iShares iBonds Dec 2027 Term Treasury ETF has a 1-year low of $22.24 and a 1-year high of $22.54. The business’s 50 day moving average price is $22.32 and its 200-day moving average price is $22.38.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.0692 per share. This is a drop from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0695. This represents a $0.83 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Thursday, October 1st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Reliant Wealth Planning boosted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 0.7% during the 1st quarter. Reliant Wealth Planning now owns 66,696 shares of the company’s stock valued at $1,496,000 after acquiring an additional 489 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 1.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 37,239 shares of the company’s stock valued at $831,000 after purchasing an additional 680 shares during the last quarter. Washington Trust Advisors Inc. purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter worth $32,000. Compass Financial Management LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter worth $48,000. Finally, NBH Bank acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter worth about $61,000.

iShares iBonds Dec 2027 Term Treasury ETF Company Profile

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.