iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Down 84.1% in May

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTOGet Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 20,156 shares, a drop of 84.1% from the May 14th total of 127,051 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 79,295 shares, the days-to-cover ratio is currently 0.3 days.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

Shares of IBTO stock traded down $0.01 during trading hours on Wednesday, hitting $23.94. 107,548 shares of the company were exchanged, compared to its average volume of 90,631. 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 company has a 50 day simple moving average of $24.20 and a two-hundred day simple moving average of $24.46.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.084 per share. The ex-dividend date of this dividend was Monday, June 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IBTO. Thoroughbred Financial Services LLC boosted its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 159.9% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock worth $796,000 after purchasing an additional 19,876 shares in the last quarter. Ameriprise Financial Inc. bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF during the 3rd quarter worth about $2,554,000. United Capital Financial Advisors LLC boosted its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,157 shares in the last quarter. Headland Capital LLC grew its position in iShares iBonds Dec 2033 Term Treasury ETF by 2.9% in the 4th 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. Finally, Atlantic Union Bankshares Corp grew its position in iShares iBonds Dec 2033 Term Treasury ETF by 24.4% in the 4th quarter. Atlantic Union Bankshares Corp now owns 1,322,916 shares of the company’s stock valued at $32,484,000 after purchasing an additional 259,627 shares during the period.

About iShares iBonds Dec 2033 Term Treasury ETF

(Get Free Report)

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.

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