Short Interest in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Grows By 74.1%

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 248,537 shares, a growth of 74.1% from the April 15th total of 142,775 shares. Based on an average trading volume of 79,713 shares, the days-to-cover ratio is presently 3.1 days. Currently, 0.9% of the company’s stock are short sold.

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

Hedge funds have recently bought and sold shares of the company. Confluence Investment Management LLC boosted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 58.1% in the 4th quarter. Confluence Investment Management LLC now owns 469,677 shares of the company’s stock worth $9,640,000 after purchasing an additional 172,520 shares in the last quarter. Thoroughbred Financial Services LLC boosted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 63.1% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 146,164 shares of the company’s stock worth $3,006,000 after purchasing an additional 56,537 shares in the last quarter. Parallel Advisors LLC boosted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 15.7% in the 4th quarter. Parallel Advisors LLC now owns 170,382 shares of the company’s stock worth $3,497,000 after purchasing an additional 23,145 shares in the last quarter. Bogart Wealth LLC boosted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 62.6% in the 4th quarter. Bogart Wealth LLC now owns 3,591 shares of the company’s stock worth $74,000 after purchasing an additional 1,383 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new position in iShares iBonds Dec 2031 Term Treasury ETF in the 4th quarter worth about $38,000.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

iShares iBonds Dec 2031 Term Treasury ETF stock remained flat at $20.08 during mid-day trading on Monday. 145,869 shares of the company were exchanged, compared to its average volume of 160,843. The company’s 50 day moving average price is $20.36 and its 200-day moving average price is $20.50. iShares iBonds Dec 2031 Term Treasury ETF has a 52 week low of $20.03 and a 52 week high of $20.81.

iShares iBonds Dec 2031 Term Treasury ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.0659 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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.