iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Stock Short Interest Drops 67.1%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) saw a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 44,429 shares, a decline of 67.1% from the October 15th total of 135,107 shares. Based on an average trading volume of 161,405 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

iShares iBonds Dec 2033 Term Treasury ETF Trading Down 0.1%

IBTO stock traded down $0.01 during trading on Friday, reaching $23.14. 53,436 shares of the company’s stock were exchanged, compared to its average volume of 123,391. iShares iBonds Dec 2033 Term Treasury ETF has a 1-year low of $22.83 and a 1-year high of $25.00. The company’s fifty day moving average price is $23.24 and its 200-day moving average price is $23.95.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were paid a dividend of $0.0853 per share. This is an increase from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.0790. This represents a $1.02 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Monday, November 2nd.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

Several institutional investors have recently bought and sold shares of IBTO. Confluence Investment Management LLC acquired a new position in iShares iBonds Dec 2033 Term Treasury ETF during the 3rd quarter valued at about $16,226,000. Thoroughbred Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter worth approximately $1,969,000. Harbour Investments Inc. bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the third quarter valued at approximately $139,000. Finally, Bessemer Group Inc. bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the third quarter valued at approximately $49,000.

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.