Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Rises By 67.8%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 443,410 shares, an increase of 67.8% from the July 30th total of 264,287 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 527,662 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Ascentis Independent Advisors acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter valued at $33,000. Advisory Services Network LLC acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter worth $269,000. High Note Wealth LLC boosted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 820.0% during the fourth quarter. High Note Wealth LLC now owns 12,061 shares of the company’s stock valued at $270,000 after acquiring an additional 10,750 shares during the period. Towne Trust Company N.A boosted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 9.7% during the first quarter. Towne Trust Company N.A now owns 12,400 shares of the company’s stock valued at $276,000 after acquiring an additional 1,100 shares during the period. Finally, Pinnacle Bancorp Inc. grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 4.3% in the first quarter. Pinnacle Bancorp Inc. now owns 16,163 shares of the company’s stock valued at $360,000 after purchasing an additional 671 shares during the last quarter.

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iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

IBTI remained flat at $22.08 on Monday. The company had a trading volume of 466,676 shares, compared to its average volume of 411,216. The stock’s fifty day simple moving average is $22.09 and its two-hundred day simple moving average is $22.19. iShares iBonds Dec 2028 Term Treasury ETF has a 12-month low of $22.03 and a 12-month high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.0694 dividend. This is a positive change from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, August 3rd.

About iShares iBonds Dec 2028 Term Treasury ETF

(Get Free Report)

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.

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