Short Interest in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Grows By 38.8%

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 348,609 shares, an increase of 38.8% from the December 15th total of 251,206 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 677,965 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 677,965 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the company’s shares are sold short.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

iShares iBonds Dec 2028 Term Treasury ETF stock traded down $0.01 during mid-day trading on Friday, hitting $22.34. The company’s stock had a trading volume of 348,506 shares, compared to its average volume of 627,828. The company has a 50 day moving average of $22.37 and a 200-day moving average of $22.35. iShares iBonds Dec 2028 Term Treasury ETF has a one year low of $21.83 and a one year high of $22.47.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.0706 dividend. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.8%. This is an increase from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. High Note Wealth LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 3rd quarter worth approximately $29,000. Horizons Wealth Management boosted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 115.0% in the third quarter. Horizons Wealth Management now owns 3,331 shares of the company’s stock valued at $75,000 after acquiring an additional 1,782 shares in the last quarter. OLD Point Trust & Financial Services N A grew its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 166.7% in the third quarter. OLD Point Trust & Financial Services N A now owns 5,600 shares of the company’s stock worth $125,000 after purchasing an additional 3,500 shares during the last quarter. Prime Capital Investment Advisors LLC purchased a new position in iShares iBonds Dec 2028 Term Treasury ETF in the second quarter worth $248,000. Finally, Exchange Capital Management Inc. acquired a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the second quarter worth $250,000.

About iShares iBonds Dec 2028 Term Treasury ETF

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.