iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Significant Drop in Short Interest

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

iShares iBonds Dec 2033 Term Treasury ETF Trading Down 0.2%

Shares of NASDAQ IBTO traded down $0.05 during mid-day trading on Friday, reaching $24.03. The company had a trading volume of 18,440 shares, compared to its average volume of 89,709. iShares iBonds Dec 2033 Term Treasury ETF has a twelve month low of $23.80 and a twelve month high of $25.00. The stock’s 50 day moving average is $24.18 and its 200-day moving average is $24.45.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.084 dividend. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

Several institutional investors have recently made changes to their positions in IBTO. Headland Capital LLC grew its stake in shares of 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 valued at $7,462,000 after buying an additional 8,552 shares in the last quarter. United Capital Financial Advisors LLC raised its position in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock valued at $1,557,000 after acquiring an additional 19,157 shares in the last quarter. Thoroughbred Financial Services LLC raised its position in iShares iBonds Dec 2033 Term Treasury ETF by 159.9% during the third quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock valued at $796,000 after acquiring an additional 19,876 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the first quarter valued at approximately $1,595,000. Finally, Ameriprise Financial Inc. acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the third quarter valued at approximately $2,554,000.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

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.