iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Short Interest Up 83.9% in May

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 379,827 shares, a growth of 83.9% from the May 14th total of 206,561 shares. Based on an average trading volume of 416,763 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the company’s stock are sold short.

iShares iBonds Dec 2027 Term Treasury ETF Trading Down 0.0%

Shares of NASDAQ IBTH traded down $0.01 during mid-day trading on Tuesday, reaching $22.36. The company had a trading volume of 444,640 shares, compared to its average volume of 455,006. iShares iBonds Dec 2027 Term Treasury ETF has a twelve month low of $22.32 and a twelve month high of $22.55. The stock’s 50 day moving average is $22.38 and its 200-day moving average is $22.44.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.0705 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 3.8%.

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

Several hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 40.0% during the fourth quarter. NewEdge Advisors LLC now owns 1,744,511 shares of the company’s stock worth $39,199,000 after buying an additional 497,993 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 5.7% during the fourth quarter. Integrated Wealth Concepts LLC now owns 1,150,990 shares of the company’s stock worth $25,863,000 after buying an additional 61,910 shares during the last quarter. United Capital Financial Advisors LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 62.0% during the third quarter. United Capital Financial Advisors LLC now owns 803,412 shares of the company’s stock worth $18,093,000 after buying an additional 307,527 shares during the last quarter. Titleist Asset Management LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 3.1% during the fourth quarter. Titleist Asset Management LLC now owns 425,446 shares of the company’s stock worth $9,560,000 after buying an additional 12,676 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 8.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 342,942 shares of the company’s stock worth $7,706,000 after buying an additional 27,759 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.