iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Large Drop in Short Interest

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 199,100 shares, a decrease of 35.9% from the September 30th total of 310,800 shares. Based on an average daily volume of 466,800 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 466,800 shares, the short-interest ratio is presently 0.4 days.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

Shares of NASDAQ IBTH opened at $22.45 on Tuesday. iShares iBonds Dec 2027 Term Treasury ETF has a 12-month low of $22.08 and a 12-month high of $22.57. The company’s fifty day simple moving average is $22.50 and its 200 day simple moving average is $22.44.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd will be given a dividend of $0.0757 per share. This is a boost from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AllSquare Wealth Management LLC lifted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 3.5% during the 1st quarter. AllSquare Wealth Management LLC now owns 31,726 shares of the company’s stock valued at $711,000 after acquiring an additional 1,075 shares in the last quarter. Crews Bank & Trust raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 6.7% in the second quarter. Crews Bank & Trust now owns 17,960 shares of the company’s stock valued at $404,000 after purchasing an additional 1,135 shares during the last quarter. Gould Asset Management LLC CA lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 1.4% during the third quarter. Gould Asset Management LLC CA now owns 94,610 shares of the company’s stock valued at $2,131,000 after purchasing an additional 1,325 shares in the last quarter. Bank of Jackson Hole Trust lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 73.3% during the first quarter. Bank of Jackson Hole Trust now owns 3,282 shares of the company’s stock valued at $74,000 after purchasing an additional 1,388 shares in the last quarter. Finally, Heartland Bank & Trust Co boosted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 8.2% during the second quarter. Heartland Bank & Trust Co now owns 19,101 shares of the company’s stock worth $430,000 after purchasing an additional 1,446 shares during the last quarter.

About iShares iBonds Dec 2027 Term Treasury ETF

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.