iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Update

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 443,410 shares, an increase of 67.8% from the July 30th total of 264,287 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 527,662 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

Hedge funds have recently made changes to their positions in the stock. Baird Financial Group Inc. increased its stake in iShares iBonds Dec 2028 Term Treasury ETF by 86.8% in the second quarter. Baird Financial Group Inc. now owns 124,018 shares of the company’s stock valued at $2,773,000 after acquiring an additional 57,628 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 70.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 371,121 shares of the company’s stock worth $8,290,000 after purchasing an additional 153,700 shares in the last quarter. United Capital Financial Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 63.9% in the 3rd quarter. United Capital Financial Advisors LLC now owns 797,841 shares of the company’s stock worth $17,860,000 after purchasing an additional 310,968 shares in the last quarter. High Note Wealth LLC increased its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 820.0% during the 4th quarter. High Note Wealth LLC now owns 12,061 shares of the company’s stock valued at $270,000 after purchasing an additional 10,750 shares during the last quarter. Finally, Portland Global Advisors LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter valued at about $3,154,000.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.4%

Shares of NASDAQ IBTI traded down $0.08 during midday trading on Tuesday, hitting $22.00. 693,307 shares of the company’s stock were exchanged, compared to its average volume of 412,905. The business’s fifty day moving average price is $22.09 and its two-hundred day moving average price is $22.19. iShares iBonds Dec 2028 Term Treasury ETF has a 12-month low of $21.99 and a 12-month high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be issued a $0.0701 dividend. The ex-dividend date of this dividend is Tuesday, September 1st.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.