iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Up 116.5% in August

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 119,646 shares, an increase of 116.5% from the August 15th total of 55,272 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 104,186 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC grew its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 13.5% in the first quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after purchasing an additional 65,447 shares in the last quarter. Atlantic Private Wealth LLC increased its stake in iShares iBonds Dec 2032 Term Treasury ETF by 25.3% during the second quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock worth $6,672,000 after acquiring an additional 59,363 shares during the last quarter. Parallel Advisors LLC raised its position in iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the first quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock valued at $3,735,000 after purchasing an additional 96,836 shares during the period. Boston Family Office LLC raised its position in iShares iBonds Dec 2032 Term Treasury ETF by 4.2% in 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 during the period. Finally, McIlrath & Eck LLC acquired a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the 1st quarter valued at $73,000.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

IBTM opened at $21.98 on Wednesday. iShares iBonds Dec 2032 Term Treasury ETF has a twelve month low of $21.96 and a twelve month high of $23.46. The company has a 50-day moving average price of $22.40 and a 200 day moving average price of $22.66.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently declared 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. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.