iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Short Interest Down 37.8% in June

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 236,302 shares, a decrease of 37.8% from the May 31st total of 379,827 shares. Based on an average daily trading volume, of 519,403 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

IBTH traded up $0.02 during trading on Thursday, hitting $22.32. The stock had a trading volume of 788,606 shares, compared to its average volume of 463,469. iShares iBonds Dec 2027 Term Treasury ETF has a twelve month low of $22.29 and a twelve month high of $22.55. The company’s 50-day moving average price is $22.37 and its 200 day moving average price is $22.43.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.0686 per share. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 3.7%.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Reliant Wealth Planning lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 0.7% in the 1st quarter. Reliant Wealth Planning now owns 66,696 shares of the company’s stock worth $1,496,000 after buying an additional 489 shares during the last quarter. Atlantic Private Wealth LLC increased its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 6.9% in the first quarter. Atlantic Private Wealth LLC now owns 209,413 shares of the company’s stock worth $4,697,000 after acquiring an additional 13,608 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 1st quarter valued at about $400,000. Midwest Professional Planners LTD. grew its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 29.0% in the 1st quarter. Midwest Professional Planners LTD. now owns 264,689 shares of the company’s stock valued at $5,937,000 after buying an additional 59,478 shares in the last quarter. Finally, Pinnacle Bancorp Inc. increased its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 2.5% in the first quarter. Pinnacle Bancorp Inc. now owns 27,865 shares of the company’s stock worth $625,000 after buying an additional 668 shares during the last quarter.

About iShares iBonds Dec 2027 Term Treasury ETF

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.