iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Down 89.6% in March

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 700 shares, a drop of 89.6% from the February 29th total of 6,700 shares. Based on an average daily trading volume, of 46,500 shares, the short-interest ratio is currently 0.0 days.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

IBTM stock traded down $0.02 during trading on Thursday, hitting $22.67. The company had a trading volume of 28,170 shares, compared to its average volume of 50,822. iShares iBonds Dec 2032 Term Treasury ETF has a 1-year low of $21.32 and a 1-year high of $24.23. The firm has a 50-day moving average price of $22.66 and a 200-day moving average price of $22.43.

iShares iBonds Dec 2032 Term Treasury ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were issued a $0.0682 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date was Friday, March 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Atlantic Private Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the 3rd quarter worth approximately $83,000. Flow Traders U.S. LLC acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the 1st quarter worth $347,000. Finally, Headinvest LLC increased its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 11.0% during the 1st quarter. Headinvest LLC now owns 21,820 shares of the company’s stock worth $521,000 after buying an additional 2,165 shares during the last quarter.

About iShares iBonds Dec 2032 Term Treasury ETF

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.