iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Large Growth in Short Interest

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 128,569 shares, an increase of 310.9% from the October 15th total of 31,293 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 307,092 shares, the short-interest ratio is presently 0.4 days.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTM opened at $22.00 on Thursday. iShares iBonds Dec 2032 Term Treasury ETF has a 1 year low of $21.62 and a 1 year high of $23.46. The business’s 50 day simple moving average is $21.96 and its 200 day simple moving average is $22.56.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.0742 dividend. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $0.89 annualized dividend and a yield of 4.0%. This is a boost from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

A number of institutional investors have recently modified their holdings of the stock. Confluence Investment Management LLC acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the 3rd quarter worth $15,281,000. Atlantic Private Wealth LLC increased its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 25.3% in the second 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 raised its stake in iShares iBonds Dec 2032 Term Treasury ETF by 36.5% in the third quarter. Parallel Advisors LLC now owns 242,444 shares of the company’s stock valued at $5,270,000 after purchasing an additional 64,859 shares in the last quarter. Thoroughbred Financial Services LLC acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF in the third quarter valued at about $3,966,000. Finally, Harbour Investments Inc. acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF in the third quarter valued at about $84,000.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

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.