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

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM – Get Free Report) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 128,569 shares, an increase of 310.9% from the October 15th total of 31,293 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 307,092 shares, the short-interest ratio is presently 0.4 days.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

NASDAQ:IBTM opened at $22.00 on Thursday. The stock has a 50 day simple moving average of $21.96 and a 200 day simple moving average of $22.56. iShares iBonds Dec 2032 Term Treasury ETF has a 1-year low of $21.62 and a 1-year high of $23.46.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a dividend of $0.0742 per share. This represents a $0.89 annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IBTM. Bessemer Group Inc. bought a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the third quarter valued at about $51,000. McIlrath & Eck LLC acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the 1st quarter worth about $73,000. Harbour Investments Inc. acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the 3rd quarter worth about $84,000. Parallel Advisors LLC raised its stake in iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the 1st quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock worth $3,735,000 after purchasing an additional 96,836 shares in the last quarter. Finally, Thoroughbred Financial Services LLC bought a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the 3rd quarter valued at about $3,966,000.

About iShares iBonds Dec 2032 Term Treasury ETF

(Get Free Report)

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.

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