iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Stock Short Interest Drops 72.6%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 48,857 shares, a decline of 72.6% from the August 31st total of 178,574 shares. Based on an average daily volume of 347,612 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

An institutional investor recently bought a new stake in iShares iBonds Dec 2033 Term Treasury ETF stock. Janney Montgomery Scott LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 65,380 shares of the company’s stock, valued at approximately $1,595,000. Janney Montgomery Scott LLC owned approximately 0.35% of iShares iBonds Dec 2033 Term Treasury ETF at the end of the most recent quarter.

iShares iBonds Dec 2033 Term Treasury ETF Stock Up 0.3%

NASDAQ IBTO traded up $0.08 during mid-day trading on Friday, hitting $23.11. The stock had a trading volume of 102,466 shares, compared to its average volume of 108,125. The firm’s 50 day moving average is $23.65 and its 200 day moving average is $23.99. iShares iBonds Dec 2033 Term Treasury ETF has a twelve month low of $23.02 and a twelve month high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.0838 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This is a negative change from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.0840. This represents a $1.01 dividend on an annualized basis and a dividend yield of 4.3%.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

(Get Free Report)

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.

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