Short Interest in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Decreases By 43.0%

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 183,432 shares, a decrease of 43.0% from the June 30th total of 321,887 shares. Based on an average daily trading volume, of 231,060 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the shares of the stock are short sold.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

IBTL stock traded up $0.01 during trading on Thursday, hitting $20.03. The company had a trading volume of 164,339 shares, compared to its average volume of 183,803. The company has a fifty day moving average price of $20.10 and a two-hundred day moving average price of $20.32. iShares iBonds Dec 2031 Term Treasury ETF has a fifty-two week low of $19.93 and a fifty-two week high of $20.81.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.0618 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock worth $536,000 after purchasing an additional 822 shares in the last quarter. Bogart Wealth LLC boosted its position in iShares iBonds Dec 2031 Term Treasury ETF by 62.6% in the fourth quarter. Bogart Wealth LLC now owns 3,591 shares of the company’s stock valued at $74,000 after buying an additional 1,383 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in iShares iBonds Dec 2031 Term Treasury ETF in the fourth quarter valued at about $38,000. Reliant Wealth Planning grew its stake in iShares iBonds Dec 2031 Term Treasury ETF by 16.8% during the fourth quarter. Reliant Wealth Planning now owns 16,898 shares of the company’s stock worth $347,000 after buying an additional 2,428 shares during the last quarter. Finally, McIlrath & Eck LLC bought a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the first quarter worth about $52,000.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.