iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Large Increase in Short Interest

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 176,464 shares, a growth of 261.2% from the September 15th total of 48,857 shares. Based on an average trading volume of 237,637 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.9% of the company’s shares are sold short.

iShares iBonds Dec 2033 Term Treasury ETF Stock Down 0.0%

NASDAQ IBTO traded down $0.01 during trading on Friday, reaching $23.00. 105,248 shares of the stock traded hands, compared to its average volume of 118,965. The stock’s 50-day moving average price is $23.48 and its 200 day moving average price is $23.89. iShares iBonds Dec 2033 Term Treasury ETF has a fifty-two week low of $22.83 and a fifty-two week high of $25.00.

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iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.0790 dividend. This represents a $0.95 annualized dividend and a yield of 4.1%. This is a drop from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.0838. The ex-dividend date was Thursday, October 1st.

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

A hedge fund recently bought a new stake in iShares iBonds Dec 2033 Term Treasury ETF stock. Janney Montgomery Scott LLC acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO – Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 65,380 shares of the company’s stock, valued at approximately $1,595,000. Janney Montgomery Scott LLC owned approximately 0.35% of iShares iBonds Dec 2033 Term Treasury ETF as of its most recent SEC filing.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

(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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