iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Large Growth in Short Interest

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 68,181 shares, an increase of 862.3% from the November 30th total of 7,085 shares. Based on an average trading volume of 51,390 shares, the short-interest ratio is currently 1.3 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 51,390 shares, the short-interest ratio is currently 1.3 days.

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

Hedge funds have recently made changes to their positions in the business. United Capital Financial Advisors LLC lifted its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,157 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter valued at $2,554,000. Thoroughbred Financial Services LLC increased its stake in iShares iBonds Dec 2033 Term Treasury ETF by 159.9% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock valued at $796,000 after buying an additional 19,876 shares during the last quarter. Atlantic Union Bankshares Corp lifted its position in iShares iBonds Dec 2033 Term Treasury ETF by 14.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 1,063,289 shares of the company’s stock worth $26,210,000 after buying an additional 131,429 shares in the last quarter. Finally, CNB Bank acquired a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF during the 3rd quarter worth about $147,000.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

IBTO stock traded up $0.06 during trading hours on Thursday, reaching $24.59. 40,254 shares of the stock were exchanged, compared to its average volume of 66,512. The firm’s 50-day moving average is $24.73 and its 200-day moving average is $24.54. iShares iBonds Dec 2033 Term Treasury ETF has a 12 month low of $23.29 and a 12 month high of $24.96.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.0855 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a boost from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

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.