iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Significant Growth in Short Interest

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 364,125 shares, a growth of 110.9% from the July 30th total of 172,683 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 404,641 shares, the short-interest ratio is presently 0.9 days.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

Shares of IBTH stock traded down $0.02 during trading hours on Friday, hitting $22.36. 533,275 shares of the company were exchanged, compared to its average volume of 467,948. The company has a 50 day simple moving average of $22.35 and a two-hundred day simple moving average of $22.39. iShares iBonds Dec 2027 Term Treasury ETF has a fifty-two week low of $22.29 and a fifty-two week high of $22.55.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.07 dividend. The ex-dividend date was Monday, August 3rd. This is a positive change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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

Several institutional investors have recently made changes to their positions in IBTH. Princeton Global Asset Management LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the 1st quarter valued at about $30,000. Compass Financial Management LLC acquired a new position in iShares iBonds Dec 2027 Term Treasury ETF during the second quarter worth $48,000. NBH Bank bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the second quarter valued at $61,000. Farther Finance Advisors LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 2,031.8% during the fourth quarter. Farther Finance Advisors LLC now owns 10,254 shares of the company’s stock valued at $230,000 after buying an additional 9,773 shares during the last quarter. Finally, High Note Wealth LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 282.4% during the fourth quarter. High Note Wealth LLC now owns 13,318 shares of the company’s stock valued at $299,000 after buying an additional 9,835 shares during the last quarter.

iShares iBonds Dec 2027 Term Treasury ETF Company Profile

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.