iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Short Interest Update

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 98,811 shares, a decrease of 53.4% from the January 15th total of 211,898 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 322,055 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 322,055 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 9,036.6% in the 3rd quarter. NewEdge Advisors LLC now owns 542,072 shares of the company’s stock worth $11,150,000 after buying an additional 536,139 shares during the last quarter. Confluence Investment Management LLC lifted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 58.1% during the fourth quarter. Confluence Investment Management LLC now owns 469,677 shares of the company’s stock worth $9,640,000 after acquiring an additional 172,520 shares during the period. Ameriprise Financial Inc. boosted its position in iShares iBonds Dec 2031 Term Treasury ETF by 40.2% in the third quarter. Ameriprise Financial Inc. now owns 495,443 shares of the company’s stock worth $10,174,000 after purchasing an additional 141,988 shares during the last quarter. United Capital Financial Advisors LLC grew its stake in iShares iBonds Dec 2031 Term Treasury ETF by 64.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 224,705 shares of the company’s stock valued at $4,622,000 after purchasing an additional 88,097 shares during the period. Finally, Thoroughbred Financial Services LLC increased its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 63.1% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 146,164 shares of the company’s stock valued at $3,006,000 after purchasing an additional 56,537 shares during the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Stock Up 0.4%

Shares of NASDAQ:IBTL traded up $0.08 during mid-day trading on Thursday, hitting $20.61. 131,670 shares of the company traded hands, compared to its average volume of 244,537. The stock has a 50-day moving average price of $20.52 and a two-hundred day moving average price of $20.56. iShares iBonds Dec 2031 Term Treasury ETF has a 12-month low of $19.81 and a 12-month high of $20.76.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.0635 dividend. This is an increase from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, February 2nd.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.