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 significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 348,609 shares, an increase of 38.8% from the December 15th total of 251,206 shares. Based on an average daily trading volume, of 677,965 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.5% of the company’s stock are short sold. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 677,965 shares, the days-to-cover ratio is currently 0.5 days.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

IBTI traded down $0.01 during trading on Friday, hitting $22.34. 348,506 shares of the company’s stock traded hands, compared to its average volume of 627,828. The company’s 50 day simple moving average is $22.37 and its two-hundred day simple moving average is $22.35. iShares iBonds Dec 2028 Term Treasury ETF has a 12-month low of $21.83 and a 12-month high of $22.47.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.0706 dividend. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Friday, December 19th. This is a positive change from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IBTI. High Note Wealth LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the third quarter worth approximately $29,000. Horizons Wealth Management grew its position in iShares iBonds Dec 2028 Term Treasury ETF by 115.0% in the 3rd quarter. Horizons Wealth Management now owns 3,331 shares of the company’s stock worth $75,000 after purchasing an additional 1,782 shares during the period. OLD Point Trust & Financial Services N A raised its stake in iShares iBonds Dec 2028 Term Treasury ETF by 166.7% during the 3rd quarter. OLD Point Trust & Financial Services N A now owns 5,600 shares of the company’s stock valued at $125,000 after buying an additional 3,500 shares during the last quarter. Prime Capital Investment Advisors LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the 2nd quarter valued at $248,000. Finally, Exchange Capital Management Inc. purchased a new position in iShares iBonds Dec 2028 Term Treasury ETF in the second quarter worth about $250,000.

About iShares iBonds Dec 2028 Term Treasury ETF

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.