iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sees Large Growth in Short Interest

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTLGet Free Report) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 120,200 shares, a growth of 21.6% from the January 29th total of 98,811 shares. Based on an average daily volume of 204,064 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.5% of the shares of the stock are sold short. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 204,064 shares, the days-to-cover ratio is currently 0.6 days.

iShares iBonds Dec 2031 Term Treasury ETF Stock Performance

IBTL stock opened at $20.59 on Thursday. iShares iBonds Dec 2031 Term Treasury ETF has a 1-year low of $19.93 and a 1-year high of $20.81. The business has a 50 day simple moving average of $20.56 and a two-hundred day simple moving average of $20.58.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be given a dividend of $0.0615 per share. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

Institutional Trading of iShares iBonds Dec 2031 Term Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IBTL. NewEdge Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 12.2% during the 4th quarter. NewEdge Advisors LLC now owns 608,344 shares of the company’s stock valued at $12,486,000 after purchasing an additional 66,272 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 40.2% in the third quarter. Ameriprise Financial Inc. now owns 495,443 shares of the company’s stock worth $10,174,000 after buying an additional 141,988 shares in the last quarter. Confluence Investment Management LLC boosted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 58.1% during the fourth quarter. Confluence Investment Management LLC now owns 469,677 shares of the company’s stock valued at $9,640,000 after buying an additional 172,520 shares during the last quarter. Headland Capital LLC boosted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 2.9% during the fourth quarter. Headland Capital LLC now owns 366,476 shares of the company’s stock valued at $7,522,000 after buying an additional 10,405 shares during the last quarter. Finally, United Capital Financial Advisors LLC grew its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 64.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 224,705 shares of the company’s stock valued at $4,622,000 after buying an additional 88,097 shares in the last quarter.

About iShares iBonds Dec 2031 Term Treasury ETF

(Get Free Report)

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.

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