iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Short Interest Update

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 100,852 shares, a decrease of 65.1% from the August 31st total of 288,805 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 504,298 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Oak Family Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the first quarter worth about $6,107,000. Collaborative Fund Advisors LLC acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF in the first quarter valued at approximately $3,209,000. Portland Global Advisors LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter worth approximately $3,154,000. Gould Asset Management LLC CA purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter worth approximately $2,102,000. Finally, Janney Montgomery Scott LLC grew its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 19.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 287,213 shares of the company’s stock worth $6,400,000 after purchasing an additional 46,768 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Trading Up 0.1%

NASDAQ IBTI traded up $0.03 on Friday, reaching $21.91. 592,414 shares of the company’s stock traded hands, compared to its average volume of 425,524. The stock has a 50 day moving average price of $22.04 and a 200-day moving average price of $22.13. iShares iBonds Dec 2028 Term Treasury ETF has a fifty-two week low of $21.86 and a fifty-two week high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.0701 per share. The ex-dividend date was Tuesday, September 1st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.8%.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

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.