Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Increases By 169.1%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 127,051 shares, a growth of 169.1% from the April 30th total of 47,213 shares. Based on an average daily trading volume, of 65,025 shares, the short-interest ratio is presently 2.0 days. Currently, 0.7% of the shares of the company are sold short.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

Shares of IBTO traded up $0.02 during mid-day trading on Friday, hitting $24.16. 51,213 shares of the company’s stock were exchanged, compared to its average volume of 93,203. iShares iBonds Dec 2033 Term Treasury ETF has a fifty-two week low of $23.80 and a fifty-two week high of $25.00. The business’s 50 day moving average is $24.24 and its two-hundred day moving average is $24.49.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a $0.0817 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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

A number of hedge funds have recently added to or reduced their stakes in the company. Headland Capital LLC lifted its position in iShares iBonds Dec 2033 Term Treasury ETF by 2.9% in the fourth quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock valued at $7,462,000 after purchasing an additional 8,552 shares during the period. United Capital Financial Advisors LLC lifted its position in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock valued at $1,557,000 after purchasing an additional 19,157 shares during the period. Thoroughbred Financial Services LLC lifted its position in iShares iBonds Dec 2033 Term Treasury ETF by 159.9% in the third quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock valued at $796,000 after purchasing an additional 19,876 shares during the period. Janney Montgomery Scott LLC acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the first quarter valued at about $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 about $2,554,000.

About iShares iBonds Dec 2033 Term Treasury ETF

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.