iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Short Interest Down 77.7% in June

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 31,805 shares, a decline of 77.7% from the May 31st total of 142,840 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 120,146 shares, the days-to-cover ratio is presently 0.3 days.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Crews Bank & Trust acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the 4th quarter valued at about $25,000. Bogart Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at approximately $41,000. McIlrath & Eck LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the first quarter valued at approximately $73,000. Rebalance LLC acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at approximately $224,000. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 3.6% in the third quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock valued at $518,000 after purchasing an additional 780 shares during the last quarter.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

NASDAQ IBTM opened at $22.78 on Friday. The stock’s fifty day moving average price is $22.70 and its 200 day moving average price is $22.94. iShares iBonds Dec 2032 Term Treasury ETF has a 1 year low of $22.43 and a 1 year high of $23.46.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.0756 dividend. The ex-dividend date was Monday, June 1st.

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.