iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Stock Short Interest Declines 45.3%

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 65,408 shares, a decrease of 45.3% from the August 31st total of 119,646 shares. Based on an average trading volume of 193,053 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are short sold.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.0%

Shares of iShares iBonds Dec 2032 Term Treasury ETF stock traded down $0.01 during trading hours on Wednesday, reaching $21.74. 350,823 shares of the stock traded hands, compared to its average volume of 142,002. The company has a 50 day moving average price of $22.26 and a 200 day moving average price of $22.56. iShares iBonds Dec 2032 Term Treasury ETF has a one year low of $21.71 and a one year high of $23.46.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a dividend of $0.0759 per share. This represents a $0.91 annualized dividend and a yield of 4.2%. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.0754. The ex-dividend date was Tuesday, September 1st.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IBTM. Janney Montgomery Scott LLC grew its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 13.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after acquiring an additional 65,447 shares during the period. Atlantic Private Wealth LLC raised its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 25.3% in the 2nd quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock worth $6,672,000 after purchasing an additional 59,363 shares during the period. Parallel Advisors LLC raised its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the 1st quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock worth $3,735,000 after purchasing an additional 96,836 shares during the period. Boston Family Office LLC lifted its position in iShares iBonds Dec 2032 Term Treasury ETF by 4.2% during the fourth quarter. Boston Family Office LLC now owns 72,218 shares of the company’s stock valued at $1,666,000 after purchasing an additional 2,893 shares in the last quarter. Finally, McIlrath & Eck LLC purchased a new position in iShares iBonds Dec 2032 Term Treasury ETF during the first quarter valued at $73,000.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.