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

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 4,000 shares, a decline of 57.9% from the November 30th total of 9,500 shares. Based on an average daily volume of 53,300 shares, the days-to-cover ratio is currently 0.1 days.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

Shares of iShares iBonds Dec 2032 Term Treasury ETF stock traded down $0.04 on Friday, hitting $22.12. 34,724 shares of the company traded hands, compared to its average volume of 44,736. The stock’s 50 day moving average price is $22.55 and its 200-day moving average price is $22.86. iShares iBonds Dec 2032 Term Treasury ETF has a 52 week low of $21.84 and a 52 week high of $23.75.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.0766 per share. This is an increase from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date was Wednesday, December 18th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.16%.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

A hedge fund recently raised its stake in iShares iBonds Dec 2032 Term Treasury ETF stock. Flow Traders U.S. LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) by 56.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 64,526 shares of the company’s stock after purchasing an additional 23,255 shares during the period. Flow Traders U.S. LLC owned 0.58% of iShares iBonds Dec 2032 Term Treasury ETF worth $1,515,000 at the end of the most recent reporting period.

About iShares iBonds Dec 2032 Term Treasury ETF

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.