Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Declines By 34.9%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTIGet Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 288,805 shares, a decline of 34.9% from the August 15th total of 443,410 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 467,630 shares, the days-to-cover ratio is presently 0.6 days.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.1%

IBTI traded down $0.01 during midday trading on Friday, hitting $21.91. The stock had a trading volume of 76,040 shares, compared to its average volume of 417,102. iShares iBonds Dec 2028 Term Treasury ETF has a 1 year low of $21.91 and a 1 year high of $22.49. The business has a fifty day moving average of $22.06 and a 200 day moving average of $22.14.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.0701 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Tuesday, September 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

Several institutional investors and hedge funds have recently made changes to their positions in IBTI. Parallel Advisors LLC lifted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 2.4% in the first quarter. Parallel Advisors LLC now owns 142,903 shares of the company’s stock worth $3,184,000 after purchasing an additional 3,391 shares during the last quarter. Reliant Wealth Planning grew its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.7% during the first quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock valued at $2,056,000 after buying an additional 670 shares during the last quarter. FCA Corp TX increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 2.1% in the first quarter. FCA Corp TX now owns 224,296 shares of the company’s stock worth $4,998,000 after buying an additional 4,536 shares during the period. Basepoint Wealth LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the first quarter worth about $510,000. Finally, Midwest Professional Planners LTD. lifted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 45.1% in the 1st quarter. Midwest Professional Planners LTD. now owns 118,833 shares of the company’s stock valued at $2,648,000 after acquiring an additional 36,944 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

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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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