iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Large Decline in Short Interest

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH – Get Free Report) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 321,354 shares, a drop of 40.5% from the August 31st total of 539,706 shares. Based on an average trading volume of 581,285 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

Several large investors have recently modified their holdings of IBTH. Boston Family Office LLC boosted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 9.9% during the 4th quarter. Boston Family Office LLC now owns 259,199 shares of the company’s stock valued at $5,824,000 after purchasing an additional 23,324 shares in the last quarter. Eldridge Investment Advisors Inc. boosted its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 37.6% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 112,809 shares of the company’s stock worth $2,535,000 after buying an additional 30,816 shares in the last quarter. Midwest Professional Planners LTD. grew its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 29.0% during the 1st quarter. Midwest Professional Planners LTD. now owns 264,689 shares of the company’s stock worth $5,937,000 after buying an additional 59,478 shares during the period. Atlantic Private Wealth LLC lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 15.8% during the 4th quarter. Atlantic Private Wealth LLC now owns 195,805 shares of the company’s stock valued at $4,400,000 after acquiring an additional 26,708 shares during the period. Finally, Princeton Global Asset Management LLC bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the first quarter valued at $30,000.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

IBTH stock traded down $0.07 during trading on Thursday, hitting $22.25. The company had a trading volume of 193,362 shares, compared to its average volume of 482,867. The business has a 50-day moving average of $22.33 and a 200-day moving average of $22.36. iShares iBonds Dec 2027 Term Treasury ETF has a one year low of $22.24 and a one year high of $22.55.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be given a $0.0692 dividend. This is a decrease from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0695. The ex-dividend date is Thursday, October 1st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.7%.

About iShares iBonds Dec 2027 Term Treasury ETF

(Get Free Report)

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.

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