iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Significant Growth in Short Interest

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 65,716 shares, a growth of 106.6% from the June 15th total of 31,805 shares. Based on an average trading volume of 154,546 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

A number of large investors have recently made changes to their positions in IBTM. Crews Bank & Trust purchased a new position in iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter worth approximately $25,000. Bogart Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the 4th 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 1st quarter valued at approximately $73,000. Rebalance LLC acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the 4th quarter valued at $224,000. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 3.6% in the 3rd 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 in the last quarter.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

NASDAQ:IBTM remained flat at $22.57 during midday trading on Thursday. The company had a trading volume of 68,118 shares, compared to its average volume of 132,862. iShares iBonds Dec 2032 Term Treasury ETF has a 52-week low of $22.43 and a 52-week high of $23.46. The business’s 50-day simple moving average is $22.62 and its two-hundred day simple moving average is $22.88.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.0733 dividend. The ex-dividend date was Wednesday, July 1st.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

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.