iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sees Large Decrease in Short Interest

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 98,811 shares, a drop of 53.4% from the January 15th total of 211,898 shares. Based on an average daily trading volume, of 322,055 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 322,055 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Boston Family Office LLC grew its stake in iShares iBonds Dec 2031 Term Treasury ETF by 22.6% in the second quarter. Boston Family Office LLC now owns 94,104 shares of the company’s stock valued at $1,929,000 after purchasing an additional 17,346 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 5.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 33,626 shares of the company’s stock valued at $689,000 after buying an additional 1,657 shares during the last quarter. Leavell Investment Management Inc. bought a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF in the 2nd quarter valued at approximately $260,000. Headland Capital LLC raised its position in iShares iBonds Dec 2031 Term Treasury ETF by 4.9% during the second quarter. Headland Capital LLC now owns 343,097 shares of the company’s stock valued at $7,034,000 after acquiring an additional 15,998 shares in the last quarter. Finally, Montecito Bank & Trust grew its position in iShares iBonds Dec 2031 Term Treasury ETF by 39.4% in the fourth quarter. Montecito Bank & Trust now owns 25,970 shares of the company’s stock worth $533,000 after acquiring an additional 7,345 shares in the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Trading Up 0.3%

NASDAQ:IBTL traded up $0.07 during mid-day trading on Friday, hitting $20.68. The stock had a trading volume of 109,478 shares, compared to its average volume of 240,033. The company has a 50 day simple moving average of $20.52 and a 200-day simple moving average of $20.56. iShares iBonds Dec 2031 Term Treasury ETF has a 52 week low of $19.82 and a 52 week high of $20.76.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.0635 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. This is a positive change from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, February 2nd.

About iShares iBonds Dec 2031 Term Treasury ETF

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.