Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Expands By 313.3%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 83,314 shares, a growth of 313.3% from the May 31st total of 20,156 shares. Based on an average daily volume of 58,269 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.4% of the company’s shares are sold short.

iShares iBonds Dec 2033 Term Treasury ETF Trading Down 0.0%

IBTO stock traded down $0.01 during midday trading on Monday, reaching $24.22. 1,086 shares of the company’s stock traded hands, compared to its average volume of 88,047. 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 business has a 50-day moving average price of $24.12 and a two-hundred day moving average price of $24.39.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.084 per share. The ex-dividend date was Monday, June 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Thoroughbred Financial Services LLC boosted its position in shares of 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 worth $796,000 after buying an additional 19,876 shares during the period. United Capital Financial Advisors LLC lifted its position in 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 acquiring an additional 19,157 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in iShares iBonds Dec 2033 Term Treasury ETF during the 1st quarter worth approximately $1,595,000. Ameriprise Financial Inc. purchased a new position in iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter worth approximately $2,554,000. Finally, Headland Capital LLC boosted its holdings 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 worth $7,462,000 after acquiring an additional 8,552 shares during the period.

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.