iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Up 235.0% in January

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 13,400 shares, an increase of 235.0% from the December 31st total of 4,000 shares. Based on an average daily trading volume, of 56,900 shares, the days-to-cover ratio is currently 0.2 days.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2032 Term Treasury ETF stock traded up $0.06 during trading hours on Thursday, hitting $22.38. The company’s stock had a trading volume of 55,690 shares, compared to its average volume of 103,652. The business has a fifty day moving average of $22.35 and a 200 day moving average of $22.81. iShares iBonds Dec 2032 Term Treasury ETF has a 1-year low of $21.84 and a 1-year high of $23.75.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.0766 dividend. This is an increase from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a $0.92 annualized dividend and a yield of 4.11%. The ex-dividend date was Wednesday, December 18th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares iBonds Dec 2032 Term Treasury ETF stock. Flow Traders U.S. LLC increased its position in shares of iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) by 56.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,526 shares of the company’s stock after buying an additional 23,255 shares during the period. Flow Traders U.S. LLC owned about 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.