iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Down 42.0% in April

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 47,213 shares, a drop of 42.0% from the April 15th total of 81,391 shares. Based on an average daily trading volume, of 67,728 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are short sold.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2033 Term Treasury ETF stock opened at $23.92 on Tuesday. iShares iBonds Dec 2033 Term Treasury ETF has a 12-month low of $23.83 and a 12-month high of $25.00. The company has a 50-day moving average of $24.33 and a two-hundred day moving average of $24.54.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a $0.0817 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. CNB Bank purchased a new position in iShares iBonds Dec 2033 Term Treasury ETF in the third quarter valued at about $147,000. Headland Capital LLC increased its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 2.9% in the fourth quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock valued at $7,462,000 after buying an additional 8,552 shares in the last quarter. United Capital Financial Advisors LLC increased its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock valued at $1,557,000 after buying an additional 19,157 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 159.9% in the third quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock valued at $796,000 after buying an additional 19,876 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in iShares iBonds Dec 2033 Term Treasury ETF in the first quarter valued at about $1,595,000.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

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.