Short Interest in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Grows By 313.3%

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 83,314 shares, a growth of 313.3% from the May 31st total of 20,156 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 58,269 shares, the short-interest ratio is currently 1.4 days.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

A number of large investors have recently added to or reduced their stakes in the company. Headland Capital LLC increased its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 2.9% in the fourth quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock valued at $7,462,000 after acquiring an additional 8,552 shares during the period. United Capital Financial Advisors LLC grew its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,157 shares during the last quarter. Thoroughbred Financial Services LLC grew its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 159.9% in the third quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock worth $796,000 after purchasing an additional 19,876 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in iShares iBonds Dec 2033 Term Treasury ETF during the 1st quarter valued at about $1,595,000. Finally, Ameriprise Financial Inc. purchased a new position in iShares iBonds Dec 2033 Term Treasury ETF during the 3rd quarter valued at about $2,554,000.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

IBTO stock traded up $0.05 during midday trading on Friday, hitting $24.23. The company had a trading volume of 63,450 shares, compared to its average volume of 88,773. iShares iBonds Dec 2033 Term Treasury ETF has a 52 week low of $23.80 and a 52 week high of $25.00. The stock’s 50 day moving average price is $24.12 and its 200 day moving average price is $24.40.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.084 per share. The ex-dividend date was Monday, June 1st.

About iShares iBonds Dec 2033 Term Treasury ETF

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.