iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Large Increase in Short Interest

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 364,125 shares, a growth of 110.9% from the July 30th total of 172,683 shares. Based on an average daily volume of 404,641 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

A number of large investors have recently made changes to their positions in the stock. Reliant Wealth Planning raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 0.7% during the first quarter. Reliant Wealth Planning now owns 66,696 shares of the company’s stock valued at $1,496,000 after purchasing an additional 489 shares during the last quarter. Pinnacle Bancorp Inc. boosted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 2.5% in the first quarter. Pinnacle Bancorp Inc. now owns 27,865 shares of the company’s stock worth $625,000 after purchasing an additional 668 shares during the last quarter. Thoroughbred Financial Services LLC boosted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 0.9% in the fourth quarter. Thoroughbred Financial Services LLC now owns 99,574 shares of the company’s stock worth $2,237,000 after purchasing an additional 891 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the 1st quarter worth approximately $30,000. Finally, Compass Financial Management LLC bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the 2nd quarter worth approximately $48,000.

iShares iBonds Dec 2027 Term Treasury ETF Stock Down 0.1%

Shares of NASDAQ:IBTH opened at $22.36 on Friday. iShares iBonds Dec 2027 Term Treasury ETF has a 1 year low of $22.29 and a 1 year high of $22.55. The stock’s fifty day moving average price is $22.35 and its 200-day moving average price is $22.39.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a $0.07 dividend. This is a positive change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

About iShares iBonds Dec 2027 Term Treasury ETF

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.