iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Large Drop in Short Interest

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 17,814 shares, a drop of 79.1% from the January 29th total of 85,438 shares. Based on an average trading volume of 63,588 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 63,588 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Atlantic Union Bankshares Corp lifted its position in iShares iBonds Dec 2033 Term Treasury ETF by 27.1% in the second quarter. Atlantic Union Bankshares Corp now owns 931,860 shares of the company’s stock valued at $22,838,000 after acquiring an additional 198,561 shares during the last quarter. Headland Capital LLC increased its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 4.4% during the second quarter. Headland Capital LLC now owns 284,351 shares of the company’s stock worth $6,969,000 after purchasing an additional 11,898 shares in the last quarter. CNB Bank purchased a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter valued at about $147,000. Thoroughbred Financial Services LLC lifted its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 159.9% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock valued at $796,000 after purchasing an additional 19,876 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter valued at about $2,554,000.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

IBTO traded up $0.10 on Friday, reaching $24.99. The company’s stock had a trading volume of 25,498 shares, compared to its average volume of 119,951. iShares iBonds Dec 2033 Term Treasury ETF has a fifty-two week low of $23.75 and a fifty-two week high of $25.00. The stock has a 50 day moving average of $24.60 and a two-hundred day moving average of $24.65.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.0864 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, February 2nd. This is a positive change from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.09.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.