iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Shares Shorted: Short Interest Down 45.3% in September

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 65,408 shares, a decline of 45.3% from the August 31st total of 119,646 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 193,053 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Large investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC grew its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 13.5% in the first quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock worth $12,644,000 after acquiring an additional 65,447 shares during the period. Atlantic Private Wealth LLC grew its position in iShares iBonds Dec 2032 Term Treasury ETF by 25.3% in the 2nd quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock worth $6,672,000 after purchasing an additional 59,363 shares during the period. Parallel Advisors LLC bought a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the 4th quarter worth approximately $1,524,000. McIlrath & Eck LLC purchased a new stake in iShares iBonds Dec 2032 Term Treasury ETF during the 1st quarter valued at $73,000. Finally, Boston Family Office LLC raised its stake in iShares iBonds Dec 2032 Term Treasury ETF by 4.2% during the 4th quarter. Boston Family Office LLC now owns 72,218 shares of the company’s stock valued at $1,666,000 after buying an additional 2,893 shares during the last quarter.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

Shares of IBTM traded up $0.01 on Thursday, hitting $21.75. 48,894 shares of the stock traded hands, compared to its average volume of 141,495. iShares iBonds Dec 2032 Term Treasury ETF has a one year low of $21.62 and a one year high of $23.46. The business has a 50 day simple moving average of $22.26 and a 200 day simple moving average of $22.56.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be paid a $0.07 dividend. This is a decrease from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.0759. This represents a $0.84 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Thursday, October 1st.

About iShares iBonds Dec 2032 Term Treasury ETF

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.