Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Decreases By 84.1%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 20,156 shares, a decrease of 84.1% from the May 14th total of 127,051 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 79,295 shares, the days-to-cover ratio is presently 0.3 days.

iShares iBonds Dec 2033 Term Treasury ETF Stock Up 0.6%

Shares of IBTO stock traded up $0.15 on Thursday, hitting $24.08. 53,784 shares of the stock were exchanged, compared to its average volume of 90,362. iShares iBonds Dec 2033 Term Treasury ETF has a one year low of $23.80 and a one year high of $25.00. The firm’s 50 day moving average is $24.18 and its two-hundred day moving average is $24.45.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.084 per share. The ex-dividend date was Monday, June 1st.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Thoroughbred Financial Services LLC boosted its stake in iShares iBonds Dec 2033 Term Treasury ETF by 159.9% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock worth $796,000 after purchasing an additional 19,876 shares during the period. United Capital Financial Advisors LLC boosted its stake in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,157 shares during the period. Janney Montgomery Scott LLC bought a new position in iShares iBonds Dec 2033 Term Treasury ETF in the 1st quarter worth about $1,595,000. Ameriprise Financial Inc. bought a new position in iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter worth about $2,554,000. Finally, Headland Capital LLC boosted its stake in iShares iBonds Dec 2033 Term Treasury ETF by 2.9% in the 4th quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock worth $7,462,000 after purchasing an additional 8,552 shares during the period.

About iShares iBonds Dec 2033 Term Treasury ETF

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.