iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Significant Increase in Short Interest

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 65,716 shares, a growth of 106.6% from the June 15th total of 31,805 shares. Based on an average daily volume of 154,546 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s shares are sold short.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

Shares of NASDAQ IBTM remained flat at $22.57 during trading on Friday. The stock had a trading volume of 64,274 shares, compared to its average volume of 132,342. iShares iBonds Dec 2032 Term Treasury ETF has a twelve month low of $22.43 and a twelve month high of $23.46. The stock has a fifty day moving average price of $22.62 and a 200-day moving average price of $22.88.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.0733 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Crews Bank & Trust acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF during the 4th quarter worth $25,000. Bogart Wealth LLC purchased a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the 4th quarter valued at about $41,000. McIlrath & Eck LLC purchased a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the 1st quarter valued at about $73,000. Rebalance LLC acquired a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF during the fourth quarter worth about $224,000. Finally, Integrated Wealth Concepts LLC increased its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 3.6% during the third quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock worth $518,000 after buying an additional 780 shares during the period.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.