iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Stock Short Interest Climbs 310.9%

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw a significant increase in short interest in 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. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 307,092 shares, the short-interest ratio is currently 0.4 days.

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

Several large investors have recently modified their holdings of the stock. Bessemer Group Inc. purchased a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the third quarter worth approximately $51,000. McIlrath & Eck LLC bought a new position in iShares iBonds Dec 2032 Term Treasury ETF in the 1st quarter valued at $73,000. Harbour Investments Inc. bought a new position in iShares iBonds Dec 2032 Term Treasury ETF in the 3rd quarter valued at $84,000. Reliant Wealth Planning increased its stake in iShares iBonds Dec 2032 Term Treasury ETF by 28.7% in the third quarter. Reliant Wealth Planning now owns 52,443 shares of the company’s stock worth $1,140,000 after purchasing an additional 11,690 shares during the period. Finally, Atlantic Private Wealth LLC increased its stake in iShares iBonds Dec 2032 Term Treasury ETF by 6.2% in the first quarter. Atlantic Private Wealth LLC now owns 234,626 shares of the company’s stock worth $5,380,000 after purchasing an additional 13,686 shares during the period.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.0%

NASDAQ IBTM traded down $0.01 during trading hours on Friday, hitting $21.85. 140,238 shares of the company were exchanged, compared to its average volume of 162,158. The stock has a 50-day moving average price of $21.95 and a 200 day moving average price of $22.56. iShares iBonds Dec 2032 Term Treasury ETF has a 52 week low of $21.62 and a 52 week high of $23.46.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a $0.0742 dividend. This represents a $0.89 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, November 2nd. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07.

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.