iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Update

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 119,646 shares, an increase of 116.5% from the August 15th total of 55,272 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 104,186 shares, the days-to-cover ratio is currently 1.1 days.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC boosted its position in iShares iBonds Dec 2032 Term Treasury ETF by 13.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after purchasing 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 valued at $6,672,000 after buying an additional 59,363 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the first quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock valued at $3,735,000 after acquiring an additional 96,836 shares in the last quarter. Boston Family Office LLC boosted 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 purchasing an additional 2,893 shares in the last quarter. Finally, McIlrath & Eck LLC bought a new position in iShares iBonds Dec 2032 Term Treasury ETF during the first quarter valued at about $73,000.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

IBTM stock traded down $0.02 during mid-day trading on Tuesday, hitting $21.98. 180,252 shares of the company were exchanged, compared to its average volume of 132,909. iShares iBonds Dec 2032 Term Treasury ETF has a twelve month low of $21.96 and a twelve month high of $23.46. The firm has a fifty day simple moving average of $22.41 and a 200 day simple moving average of $22.67.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a dividend of $0.0759 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%. This is a boost from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.08.

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.