iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sees Large Increase in Short Interest

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTIGet Free Report) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 153,800 shares, an increase of 30.2% from the January 31st total of 118,100 shares. Based on an average daily volume of 307,000 shares, the days-to-cover ratio is currently 0.5 days.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

Shares of IBTI traded up $0.01 during mid-day trading on Tuesday, reaching $22.16. The company’s stock had a trading volume of 197,550 shares, compared to its average volume of 301,782. The business has a fifty day moving average of $21.93 and a 200 day moving average of $22.10. iShares iBonds Dec 2028 Term Treasury ETF has a 1 year low of $21.47 and a 1 year high of $22.61.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a $0.0667 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

A number of institutional investors have recently bought and sold shares of the business. OLD Point Trust & Financial Services N A purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter worth approximately $25,000. OLD Second National Bank of Aurora acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at approximately $40,000. PSI Advisors LLC acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at approximately $42,000. Bank of Jackson Hole Trust purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter worth approximately $42,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter valued at $47,000.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

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The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.

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